DMCI Holdings acquires Cemex PH parent company for $305.6-M
DMCI Holdings [DMC 10.86 ?0.7%; 52% avgVol] [link] and Semirara Mining and Power [SCC 32.50 ?0.8%; 22% avgVol] acquired Cemex Asian South East Corp (CASEC), the parent company of Cemex Philippines [CHP 1.36 ?28.4%; 267% avgVol], in a deal worth $305.6 million (~P17.6 billion)......»»
Cemex, Liwayway partner for sustainable plastic waste management
Cemex Holdings Philippines Inc., through Cemex’s Regenera waste management solutions, and snack foods giant Liwayway Marketing Corp. have teamed up for better management of plastic waste......»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
DMCI Holdings posts 20% profit drop in 2023
Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»
DMCI keen on entry into cement business
The Consunji Group is looking to pursue its entry into the cement business with the acquisition of Cemex Holdings Philippines (CHP)......»»
DMCI eyes entry into cement business
The Consunji Group is looking to diversify into a new industries, with the cement business among those being considered through a potential acquisition of Cemex Holdings Philippines......»»
Cemex impacts circular economy
Cemex Philippines, one of the leading cement manufacturers in the country, makes a significant impact on the circular economy through its co-processing technology and Regenera......»»
Consunji Group to acquire Cemex for $305.6 million
The Consunji Group is solidifying its entry into the cement business with a $305.6-million acquisition in Cemex Asian South East Corp., the principal shareholder of Cemex Holdings Philippines......»»
DMCI Homes putting up 2nd leisure project in Benguet
Following the success of the company’s first leisure property in Batangas, Consunji-led DMCI Homes is developing an eco-agri mountain resort condotel in the town of Tuba, Benguet......»»
MRC Allied buys 31% stake in Rappler
MRC Allied disclosed that it has agreed to purchase the entirety of Dolphin Fire Group’s 31.2% interest in Rappler Holdings Corp, which is the parent company of the Rappler news company......»»
DMCI, Marubeni investing P15 billion for property venture
DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»
DMCI Homes earmarks P16 billion for capex in 2024
DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»
DMCI hikes capex to P59 billion this year
The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
Nikon acquires Red Digital Cinema, enters professional video market
Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»
AREIT acquires Seda LIO
AREIT acquires Seda LIO.....»»
DMCI Holdings cautiously optimistic for 2024
The Consunji Group is taking a cautiously optimistic outlook for this year......»»
Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO
Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»
Of senators and bilyonaryos
The buzz among some of the country’s billionaires these days is how Senator Raffy Tulfo called out tycoon Isidro “Sid” Consunji, chairman and CEO of DMCI Holdings Inc., for supposedly dozing off during a Senate hearing last week......»»
Boulevard Holdings sells 1.5-B shares to ownership group
Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»
MRT-3, LRT-2 may ‘libreng sakay’ para sa solo parent sa April 20
SINO sa inyo ang single parent na nagko-commute at sumasakay ng tren? Maswerte kayo bukas, April 20, dahil maliban sa pagdiriwang ng “Solo Parent’s Day,” may handog na libreng sakay ang Metro Rail Transit Line 3 (MRT-3) at Light Rail Transit Line 2 (LRT-2) para sa inyo! Ayon sa mga pamunuan, ipatutupad ang free rides.....»»