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Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake

Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 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

REDC anchor investor buys secondary share stake

This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

MGreen hikes stake in SPNEC

MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

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:  philstarRelated NewsJan 16th, 2024

NMP 2023 breaks waves; Eyes bigger accomplishment in 2024

The National Maritime Polytechnic (NMP) takes pride in announcing a year of remarkable achievements in 2023, setting new standards and exceeding expectations......»»

Category: lifestyleSource:  abscbnRelated News10 hr. 31 min. ago

Once volleyball paupers, NU takes pride in having the sport’s best program in Philippines

National University won only two volleyball titles in the UAAP’s first 74 seasons, both from the women’s divisions. In the last decade, NU already quadrupled that tally with eight titles in both tournaments......»»

Category: sportsSource:  philstarRelated NewsMay 16th, 2024

Talisay’s Mark Fajardo TKO’s Iraqi foe in ASBC Asian U22 C’ships

CEBU CITY, Philippines— Talisay City’s amateur boxing pride Mark Ashley Fajardo cruised into the semifinals of the ongoing Asian Boxing Confederation (ASBC) Asian Under-22 & Youth Boxing Championships in Astana, Kazakhstan last Friday, May 3. Fajardo scored a stunning first-round technical knockout (TKO) win against Al-Sarray Ali Qasim of Iraq in the light welterweight fight.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

Megaworld’s Mactan Expo Center Set to be Completed in 2025, Ready for Big International Summits

Taking pride as the country’s largest hotel developer and operator today, property giant Megaworld has started the construction of the P1.5-billion Mactan Expo Center, which is scheduled for completion by next year. This modern state-of-the-art convention facility, which has a seating capacity of almost 3,000 for theater-style set-up, will be Cebu’s first and only standalone […].....»»

Category: newsSource:  metrocebuRelated NewsMay 3rd, 2024

Megaworld Builds a ‘World Museum’ In Cebu

Pioneering township developer Megaworld is building a modern museum inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu as an ode to the island’s cultural pride and historical significance. The P1.2-billion Mactan World Museum will rise along Newtown Boulevard just in front of Megaworld’s 8 Newtown Boulevard residential condominium. It will feature an extensive […].....»»

Category: newsSource:  metrocebuRelated NewsApr 29th, 2024

SM Offices leverages proptech strategies to better serve tenant-partners

SM Offices, a division of SM Prime, is one of the leading developers in the country that is actively leveraging on such technologies—taking great pride in the proptech solutions it utilizes to slash energy consumption and revolutionizing its space solutions to become more sustainable......»»

Category: financeSource:  philstarRelated NewsApr 17th, 2024

Grateful Sarah G says Billboard award ‘came at a time when I was doubting myself’

This Women’s Month, Sarah Geronimo brought pride to the country after becoming one of Billboard’s 2024 Global Force honorees.....»»

Category: entertainmentSource:  philstarRelated NewsMar 11th, 2024

Kumong Bol-Anon 14: Tagacanao faces acid test vs. Indonesian foe in first title fight 

CEBU CITY, Philippines — Carcar City’s pride, Reymart “Cebuano Assassin” Tagacanao, will have his first title fight in the co-main event of “Kumong Bol-Anon XIV” on March 8 at the Saulog gymnasium in Tagbilaran City, Bohol. Tagacanao, 24, has come a long way since debuting as a professional boxer in 2022. From being an amateur.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Apolinario rises from knockdown to stop Thai, earns world title shot

Dave Apolinario lines himself up for a world title crack this year, but not after the pride of Maasim, Sarangani managed to survive the first knockdown of his career.....»»

Category: newsSource:  rapplerRelated NewsFeb 22nd, 2024

MPBA Season 2 completes north and south conferences’ semifinal contenders 

CEBU CITY, Philippines — The KMNH Lending-Luigi Bercede completed the southern conference’s final four of the ongoing Mandaue’s Pride Basketball Association (MPBA) Season 2: Cebuano Cup’s south division after grabbing a crucial win on Sunday evening against the Quadernos, 83-71.  The victory earned the KMNH Lending-Luigi Bercede the last remaining semifinal slot in the MPBA.....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

Jake Cuenca and Sue Ramirez take pride in making people laugh

The APT Entertainment-produced-for-TV5 “Jack and Jill sa Diamond Hills” has become a platform and playground for Jake Cuenca and Sue Ramirez to showcase their mettle in comedy, particularly situation comedy......»»

Category: entertainmentSource:  philstarRelated NewsFeb 14th, 2024

Pinoy Pride on stage of ‘Miss Saigon’ international production

In celebration of Filipino artistry and heritage, the upcoming international production of “Miss Saigon” by GMG Productions boasts a stellar cast of performers with Filipino roots and descent who are taking on the lead roles......»»

Category: entertainmentSource:  philstarRelated NewsFeb 12th, 2024

Remolino, Alcoseba rule Go For Gold Sunrise Sprint Triathlon Race in Camsur 

CEBU CITY, Philippines — Roughly two weeks after they lorded the National Age Group Triathlon (NAGT) in Subic Bay, Cebu’s pride Andrew Kim Remolino and Raven Faith Alcoseba stamped their class anew, this time in Camarines Sur.  Remolino and Alcoseba topped the overall male and female divisions, respectively, in the Go For Gold Sunrise Sprint.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024