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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......»»
ALI spending P100 billion for projects this year
Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»
Ayala Land FY23 profit up 32% to P24.5-B
Ayala Land teased its full-year financial performance in a press release where it revealed that its FY23 profitability increased 32% to P24.5 billion......»»
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......»»
Next generation of Ayala leaders step into the spotlight at media party
Mariana and Jaime Alfonso Zobel, together with their cousin Jaime Urquijo, meet some members of the Philippine press in the inaugural media night by the Ayala Group.....»»
Flagship Ayala companies on tight budget this year
The Ayala Group is slashing its capital expenditures for the second year in a row, as its flagship property and telco segments cut their respective budgets to maximize existing assets......»»
Ayala Land allots P13 billion to redevelop 4 major malls
Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»
1 of 2 ‘viral’ sports cars found in Ayala Alabang
One of two luxury sports cars that had gone viral after being spotted speeding along Metro Manila’s roads was found in exclusive Ayala Alabang village in Muntinlupa, the Bureau of Customs reported yesterday......»»
One-stop-shop for quarry, sand, gravel ops permit opens at Ayala mall
One-stop-shop for quarry, sand, gravel ops permit opens at Ayala mall.....»»
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......»»
4 Ayala malls up for renovation
Ayala Land Inc. is redeveloping and renovating four of its famed shopping districts as part of the group’s transformation journey......»»
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......»»
IN PHOTOS: Balik Cebu 2024
Summary: The Balik Cebu 2024 event, hosted at the Terraces, Ayala Center Cebu, has been a prominent part of the Sinulog festival for 22 years. In collaboration with the Cebu City Government, Mactan International Airport Association, and other tourism stakeholders, it aims to welcome back balikbayans (returning Filipinos) for the grand Sinulog festival. The Balik Cebu Dinner Show offers balikbayans the complete Sinulog experience, featuring Filipino cuisine, performances by Cebuano artists, the Sinulog Mardi Gras, the presentation of Miss Cebu winners and her court, Tribu Basakanaon, and a band performance. Tickets priced at P500 can be purchased at the Balik Cebu Turista Desk by presenting a passport or proof of residence outside the Philippines. Balikbayans can also buy up to three additional tickets for non-balikbayans accompanying them. The event will take place at Ayala Center Cebu on January 18 at 6 PM. (SPONSORED CONTENT).....»»
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......»»
SM Investments buys 28.79% stake in CREIT for P5-B
SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
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......»»
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......»»
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......»»
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.”.....»»