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Belle Corp sets PLC tender offer price at P0.85/share

Belle Corp and Premium Leisure Corp were both voluntarily suspended for the day yesterday after BEL disclosed details of its proposed tender offer to acquire PLC’s public float and eventually delist PLC from the exchange......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

Belle to start P5.3 billion tender for PLC shares

Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

The biggest infra company

San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

Premium Leisure Corp to be voluntarily delisted

The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Japanese firm to double stake in REDC

Japanese conglomerate Tokai Corp. will double its equity exposure in Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

MVP Group dominates 20th Philippine Quill Awards

It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

ACEN gets higher rating for climate change report

Ayala-owned ACEN Corp. has secured a “B” rating from environmental non-profit disclosure system CDP for its climate change disclosure, moving two levels up from last year’s rating......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

SteelAsia to recycle rebars for ALI, MDC

Ayala Land Inc. SteelAsia Manufacturing and Makati Development Corp. have signed a memorandum of understanding for a groundbreaking collaboration advancing circular economy and decarbonization methods in the construction industry......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

ACEN gets support from Australian indigenous group

Ayala-led power unit ACEN Corp. has joined forces with Australia’s First Nations Yindjibarndi people to develop renewable energy projects on Yindjibarndi Ngurra, located approximately 13,000 square kilometers within Yindjibarndi’s exclusive native title land in Western Australia......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

First Common Man Coffee to open at Ayala Triangle

Jollibee Foods Corp. has incorporated a joint venture company called FCJB Foods Inc. to bring Tiong Bahru Bakery and Common Man Coffee Roasters in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

ACEN expands presence in US

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

ACEN expands US presence

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

ACEN issues corporate guarantee on subsidiary’s loans

ACEN Corp., the listed energy platform of the Ayala Group, has issued corporate guarantee in support of loans amounting to $320 million of subsidiary ACEN Cayman......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Coverage of ABS-CBN, Villar deal ignores relevant context

By: CMFR StaffPosted on: May 7, 2024, 2:20 pm JEERS TO media for failing to include relevant background in reporting the signing of documents by officials of ABS-CBN and ALLTV to seal a business deal. Coverage made no reference to other issues involved, including the potential breach of the law on ethical standards regulating the conduct of public officials.From April 13 and 24, media (.....»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

DND-China deal charot! ‘Tigilan n’yo panloloko sa West PH Sea’

Inakusahan ni Defense Secretary Gilberto Teodoro ang Chinese embassy ng pagkakalat ng kasinungalingan matapos nilang ilutang na may ‘new model’ ng kasunduan sa paghawak ng pinag-aawayang West Philippine Sea. The post DND-China deal charot! ‘Tigilan n’yo panloloko sa West PH Sea’ first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 6th, 2024

Marcos says Duterte struck secret deal with Beijing on South China Sea - BenarNews

Marcos says Duterte struck 'secret' deal with Beijing on South China Sea BenarNews.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

BDO Unibank, SM Keppel Land announce merger deal

BDO Unibank, SM Keppel Land announce merger deal.....»»

Category: financeSource:  philstarRelated NewsApr 29th, 2024

China claims South China Sea deal with Philippines Duterte - Nikkei Asia

China claims South China Sea deal with Philippines' Duterte Nikkei Asia.....»»

Category: newsSource:  manilanewsRelated NewsApr 29th, 2024

Philippines denies deal with China over disputed South China Sea shoal - Interaksyon

Philippines denies deal with China over disputed South China Sea shoal Interaksyon.....»»

Category: newsSource:  manilanewsRelated NewsApr 28th, 2024