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When will AREIT shareholders get the benefit of the injected properties?
The best summary of the timeline of the AREIT property-for-share swap that I found was in the Information Statement that AREIT submitted to the PSE’s EDGE disclosure server on January 10......»»
AREIT eyes up to P9 billion additional share offering
AREIT Inc. is planning a follow-on offering or private placement of shares to boost its public float which would decrease following a major property-for-share swap transaction with its sponsor Ayala Land Inc......»»
Ayala Land sells P5.6-B worth of AREIT in discount block sale
Ayala Land disclosed that it sold 181 million shares of its subsidiary, AREIT, at P31.10/share which was a 7.2% discount to the previous day’s closing price......»»
AREIT completes P1.2-B cash acquisition of 153-room Seda Lio resort hotel
AREIT announced that it completed the acquisition of the 153-room Seda Lio resort-hotel in El Nido from subsidiaries of its sponsor, Ayala Land......»»
Cebu Football Club introduces new faces for the upcoming PFL season
CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants continues to overhaul its entire roster after welcoming new faces, including key homegrown players, as the Philippines Football League (PFL) season unfolds in April. The Gentle Giants presented 10 new players, including four Cebu homegrown players, who will comprise its official roster for the.....»»
AREIT maintains dividend dominance
AREIT declared a Q4/23 dividend of P0.55, payable on March 20 to shareholders of record as of March 4......»»
AREIT acquires Seda LIO
AREIT acquires Seda LIO.....»»
ED attaches assets under PMLA in Kamla Landmarc case
Mumbai (Maharashtra) [India], February 29 (ANI): The Directorate of Enforcement (ED), Mumbai, has issued two provisional attachment orders under the provisions of Prevention of Money Laundering Act (PMLA), 2002, attaching assets worth Rs. 48.67 crore of Jitendra Jain, Director in various partnership firms and private companies owned by Kamala Landmarc Group of companies and assets worth Rs. 15.29 Crore of Parvath Shetty,.....»»
ED attaches assets under PMLA in Kamla Landmarc case
Mumbai (Maharashtra) [India], February 29 (ANI): The Directorate of Enforcement (ED), Mumbai, has issued two provisional attachment orders under the provisions of Prevention of Money Laundering Act (PMLA), 2002, attaching assets worth Rs. 48.67 crore of Jitendra Jain, Director in various partnership firms and private companies owned by Kamala Landmarc Group of companies and assets worth Rs. 15.29 Crore of Parvath Shetty,.....»»
PropertyGuru Awards adds new categories
PropertyGuru Awards adds new categories.....»»
News5 adds two more seasoned journalists to its roster
In the advent of paid troll farms, “black ops” and fake news being peddled and packaged in the guise of legitimate news article formats, the need for real journalists is more vital than ever......»»
Royse Tubino joins Choco Mucho, boosts team bid for breakthrough PVL title
Choco Mucho adds veteran outside hitter Royse Tubino as it continues its roster revamp ahead of the 2024 PVL season.....»»
CPA issue: Cebu City to file cases for alleged violations, multiple illegal constructions
CEBU CITY, Philippines – The Office of the Building Official (OBO) in Cebu City has taken legal action against the Cebu Port Authority (CPA) for the alleged multiple violations related to unauthorized construction activities within the port area. This action comes after CPA persisted in building multiple buildings in the port area without the necessary.....»»
Cebu Pacific adds 3 aircraft in Q1
Low-cost carrier Cebu Pacific has received another aircraft, its third for the year, leaving the airline with 14 more to accept for the rest of 2024 as it fortifies its fleet in the face of supply issues......»»
Manalang leaves UST, eyes MPBL roster spot
UST’s Paul Manalang has left the Growling Tigers’ lair as he aims to make the roster of the Maharlika Pilipinas Basketball League (MPBL) team Manila Stars......»»
MB roster a mix of ‘hawks and doves’ – ING
Dutch financial giant ING said the policy-making body of the Bangko Sentral ng Pilipinas is divided when it comes to the country’s monetary stance with the completion of the seven-member roster......»»
P3-M damage reported in school building fire
The Davao City Police Office (DCPO) reported a devastating fire at F. Bustamante National High School in Tibungco, Davao City, on January 14, causing an estimated P3 million in damages. The fire affected 14 rooms, with nine being totally damaged and one partially damaged. The Bureau of Fire Protection-Davao (BFP-Davao) struggled to contain the blaze, which lasted for two hours. Fortunately, there were no reported casualties or houses affected despite the school's proximity to a residential area. Investigations into the cause of the fire are ongoing. This incident adds to a series of school fires in the region, with three state-owned schools destroyed in 2023. The BFP-Davao and Team Davao Rescue have responded to over 15 fire incidents in the first and second weeks of January 2024, indicating a significant increase compared to the same period in 2023......»»
Government tackling high construction costs
The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»
DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake
The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»
Balamban site is for road project, not Capitol bldg – Gwen
CEBU CITY, Philippines – The cleared site in Barangay Cambuhawe, Balamban, in western Cebu, is not for the new Capitol building, but for nationally funded road projects. Cebu Provincial Governor Gwen Garcia made this clarification after photos of a deforested mountain in Balamban, initially thought to be the site development of the new Capitol building,.....»»