Arthaland nears deal for two acquisitions
LISTED property developer Arthaland Corp. said it is nearing a deal to acquire two properties for development over a 10 to 15-year period.
“We’ve made...
CPG expands portfolio with mid-rise residential projects
CENTURY PROPERTIES Group, Inc. (CPG) said it continues to drive its growth with upcoming launches in the mid-rise residential segment and new housing projects.
CPG...
Former AboitizPower CEO to lead Meralco’s power unit
MERALCO PowerGen Corp. (MGen), the power generation investment arm of Manila Electric Co. (Meralco), has appointed Emmanuel “Manny” V. Rubio as its president and...
DALI Everyday Grocery operator widens net loss
HARD DISCOUNT Philippines, Inc. (HDPI), the corporate entity behind the DALI discount grocery chain, reported a widened net loss in 2023 primarily due to...
ACEN to power ADB headquarters with 100% RE
AYALA-LED ACEN Corp.’s supply retail arm has signed a deal with the Asian Development Bank (ADB) to power the latter’ headquarters in Mandaluyong with...
NexGen Energy obtains SEC permit to sell for IPO, starts offer period
NEXGEN Energy Corp. has obtained approval from the Securities and Exchange Commission (SEC) to sell its initial public offering (IPO) shares, with the offer...
Globe shares rise after partnership announcement, asset disposition
GLOBE TELECOM, Inc.’s shares rose last week after it sold assets to Phil-Tower Consortium, Inc. (PhilTower) and announced its partnership with Lynk Global, Inc.
Data...
PSEi member stocks performed — June 28, 2024
Here’s a quick glance at how PSEi stocks fared on Friday, June 28, 2024.
Ayala Corp. board OKs up to P15-B preferred shares offering
AYALA Corp. has received board approval to issue up to P15 billion worth of peso-denominated preferred shares, aimed at supporting its capital raising efforts,...
GERI says land assets enough to sustain dev’t activities
GLOBAL-ESTATE Resorts, Inc. (GERI) on Thursday said it has enough land to support its growth over the next ten years.
“The company has an expansive...
CALAX battles RoW challenges on 2 segments, eyes 2025 completion
THE METRO Pacific Tollways Corp. (MPTC) said it is working to resolve right-of-way (RoW) issues for the Kawit to Governor’s Drive sections of its...
NGCP seeks ERC approval for grid upgrade project
THE NATIONAL Grid Corp. of the Philippines (NGCP) said it is seeking approval from the Energy Regulatory Commission (ERC) to upgrade Luzon and Leyte-Cebu...