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Ayala Corp. is interested in selling LRT-1 stake to Villar Group

Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp.  to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»

Category: financeSource: philstar philstarJan 16th, 2024

Ayala Corp profit hits record high in 2023

Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Ayala Corp cold storage JV to start construction on massive facility

GMAC Logitech Refrigeration Corporation, the cold storage joint venture between Ayala Corp [AC 675.00 ?1.2%] and private cold storage player Glacier Megafridge, announced it would break ground in a few weeks on a new 11,798-pallet position temperature-controlled facility in Panabo City, Davao del Norte......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Ayala Corp tightens insider trading policy

Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Ayala cooperative taps STAR to promote media literacy

In a bid to enhance media literacy and help expose the youth to truthful, credible news, Ayala Multi-Purpose Cooperative (Ayala Coop) and The Philippine STAR recently joined forces to implement the READISCOVER program in three pilot schools across the country......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

'tACbo raises PhP6 million for Ayala Foundation’s education programs

MANILA – Runners, fitness enthusiasts, and education advocates banded together to raise at least PhP6 million for Ayala Foundation’s education programs as they participated in tACbo, the biggest running event in Metro Manila this January. Organized by Ayala Corporation to kick off its 190th anniversary, tACbo attracted as many as 6,000 participants in 21K, 10K, […].....»»

Category: newsSource:  journalRelated NewsJan 16th, 2024

AboitizPower hikes stake in STEAG

Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

SEC issues CDO vs bogus Ayala group

The Securities and Exchange Commission has issued a cease and desist order versus groups using the name of Ayala Corp. to illegally solicit investments......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Ayala Group to put a little focus on cold storage logistics

Ayala Corp confirmed a report that quoted AC Chairman Jaime Zobel as saying that AC “can make a difference” by building cold storage facilities and developing a network of “cold transport” and “cold chain improvement structures”......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 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

LRT-1 operator names new execs

The MVP Group continues to shake up the corporate ladder, this time with the appointment of new executives at Light Rail Manila Corp......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

SEC issues cease and desist order vs bogus Ayala Group

SEC issues cease and desist order vs bogus Ayala Group.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

SEC cracks whip on bogus Ayala firms

A group posing as part of the Ayala Group and soliciting investments from the public has been ordered to stop its fraudulent operations by the Securities and Exchange Commission......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Next gen leaders herald new era for Ayala Group

Marking a rare milestone with its 190th anniversary this year, the country’s oldest conglomerate’s recent media night served as the stage to launch its next generation of leaders as the new face of the Ayala Group......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Coming of age party

It was sort of a coming of age party for the next generation of stewards of the Ayala Group with the master of ceremonies, Rene Almendras, deftly weaving in the 190th anniversary theme of the historic conglomerate into the Ayala Group’s media night games held Friday, Feb. 16, at the Dusit Thani Hotel in Makati......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Ayala Group eyes more cold storage facilities

The Ayala Group plans to establish more cold storage facilities in the country as part of efforts to support the agriculture sector, especially to address the issue of food spoilage......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Annual Stockholders Meeting of Ayala Corp. slated on April 26

The Annual Stockholders' Meeting of Ayala Corporation will be conducted virtually on Friday, April 26, 2024 at 9 a.m......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

JAZA upbeat on Philippines growth prospects

Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 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

Leviste to acquire 71% stake in Roxas Holdings for P5 billion from MVP

Solar energy trailblazer Leandro Leviste, through Countryside Investment Holdings Corp., is set to acquire a controlling 71.6% stake in Roxas Holdings Inc. from Hong Kong’s First Pacific Co. Ltd. .....»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Manila Water sells stake in Bulacan units to SMC

Razon-led Manila Water Co. Inc. is divesting its stake in two Bulacan joint venture corporations for P1 billion to a subsidiary of San Miguel Corp. as it focuses on other activities outside the East Zone concession......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024