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The show must go on

WHILE many of our Christmas celebrations and traditions have to be put on hold, the lights and sounds show at the Ayala Triangle Gardens went in step with the times. As we do almost all things virtually now, the lights and sounds show has also gone online on the social media pages of Ayala Land Inc. (facebook.com/officialayalaland and on Instagram as @ayalaland).

Three Ayala firms donate school sanitation facilities

THREE AYALA-led companies and their respective foundations launched a program that promotes hygiene and proper hand washing amid the coronavirus disease 2019 (COVID-19) pandemic.

Ayala firms plan permanent ‘hybrid’ work setup

THE Ayala Group is considering making hybrid work arrangements permanent as it increases its focus on digital transformation for its operations.

Manila Water trading volume rises after billionaire takeover

AYALA CORP. was among the most actively traded stocks last week after the Philippine Competition Commission approved Philippine billionaire Enrique Razon’s takeover of unit Manila Water Co., Inc.

Pandemic hits Ayala with 79% profit fall

AYALA Corp.’s attributable income in the first semester took a 79% dive to P7.9 billion as the coronavirus pandemic caused its real estate business segment to limit operations while bloating the loan-loss provisions of its banking unit.

Ayala affiliate raises stake in Australia’s Infigen

AN AFFILIATE company of Ayala Corp.’s energy arm now owns a material interest in an Australian power firm, which it initially aims to fully take over.

Ayala group to invest more in COVID-19 fight

THE AYALA GROUP, led by healthcare unit Ayala Healthcare Holdings, Inc., has committed to further increase its efforts to support the government in the fight against the coronavirus disease 2019 (COVID-19).

Ayala affiliate caps offer to take over Australia’s Infigen

AN AUSTRALIAN affiliate company of Philippine-listed conglomerate Ayala Corp. will no longer outdo the offer of rival bidder Iberdrola, S.A. to acquire Infigen Energy, Ltd.

Ayala Corp. income down 17% as lockdown hits businesses

EARNINGS of Ayala Corp. (AC) dropped 17% to P6.7 billion in the first quarter as the coronavirus pandemic dragged its property, banking and industrial segments.

Duterte’s apology boosts Ayala, MPIC stocks

STOCKS in firms led by the Zobel brothers and Manuel V. Pangilinan surged on Tuesday after President Rodrigo R. Duterte’s apology for the “hurting words” he gave the companies in recent months.

Ayalas finish Pasay COVID-19 facility

THE Ayala group on Wednesday said it completed the conversion of some portions of the World Trade Center (WTC) in Pasay City into a treatment facility for patients infected with the coronavirus disease 2019 (COVID-19).

Ayala, Araneta and Aboitiz groups provide more support to lockdown-hit sectors

THE Ayala, Araneta and Aboitiz families have expanded their assistance to those affected by the lockdown in Luzon and other parts of the country, while others have joined the roster of private firms providing support to frontliners and vulnerable sectors.

Ayala Corp. net income up 11%

AYALA CORP. (AC) posted an 11% increase in earnings in 2019, lifted by gains from divesting in its education and energy businesses and higher consumer demand from its property, telecommunications and banking segments.

BPI closes bond offer

BANK OF THE Philippine Islands (BPI) on Friday closed its bond offer period, days ahead of the March 17 schedule amid strong demand, with the proceeds meant to diversify the bank’s funding sources and finance its business operations.

Razon company to conduct tender offer of Manila Water shares

MANILA Water Co., Inc. (MWC) incoming investor Razon-led Prime Metroline Holdings, Inc. is doing a mandatory tender offer of the water company’s shares as part of its acquisition.

BPI raises P15.3 billion from bond offer

BANK OF THE Philippine Islands (BPI) raised P15.3 billion in peso-denominated bonds following strong demand, marking its second largest issuance to date in the local debt market.

Myanmar tycoon open to foreign investment in wake of Ayala deal

MYANMAR tycoon Win Aung is open to foreign investment in the listed industrial-estate provider he oversees, following Ayala Corp.’s tie up with a firm traded on the nation’s fledgling stock exchange.

Ayala to invest $237M in Myanmar’s Yoma Group

AYALA CORP. (AC) is investing up to $237.5 million in Myanmar’s Yoma Group, marking the biggest investment by a Philippine company in Myanmar.

Ayala Corp Q3 income rises 7%

AYALA CORP. (AC) saw a 7% increase in its earnings in the third quarter, driven by the sustained contributions of its banking and power units.

BPI raises P3 billion from LTNCDs

BANK OF THE Philippine Islands (BPI) has raised over P3 billion from long-term negotiable certificates of time deposit (LTNCTD), which it listed on the Philippine Dealing and Exchange Corp. (PDEx) on Friday.

AC launches $400-M perpetual notes

AYALA CORP. (AC) has finalized the terms for its dollar bond market return, setting the aggregate principal amount of its fixed-for-life perpetual notes at $400 million.

Ayala eyes perpetual bond issue

AYALA CORP. (AC) is looking at issuing dollar-denominated perpetual bonds, with a selection of banks to handle the issuance.

AC Energy, Yoma Strategic eye JV for Myanmar renewable projects

LISTED conglomerate Ayala Corp. said on Monday that its energy company has partnered with Yoma Strategic Holdings Ltd. to jointly explore developing 200 megawatts (MW) of renewable energy projects in Myanmar.

Ayala to re-issue up to P15B in preferred shares

AYALA Corp. (AC) plans to re-issue up to P15 billion worth of preferred class B shares, it told the stock exchange Friday.

BPI to issue Swiss franc-denominated green bonds

BANK of the Philippine Islands (BPI) will issue its first two-year, 100-million Swiss franc-denominated, negative-yielding green bond, proceeds of which will be used to fund environmental projects through its Green Finance Framework.

Ayala unit launches P16-B One Vertis Plaza

THE luxury residential unit of Ayala Land, Inc. (ALI) is venturing into its first office-for-sale project with the launch of the P16.1-billion One Vertis Plaza in Quezon City.

Ayala group profit surges to P38B in six months

EARNINGS of Ayala Corp. (AC) more than doubled in the first half of 2019, boosted by divestment gains from its education and energy businesses.

Ayala acquires property firm based in Pampanga for P2.4B

AYALALAND Logistics Holdings Corp. (ALLHC) continues its expansion with the acquisition of a real estate firm based in Pampanga for P2.39 billion.

Ayala completes deal for Phinma Energy stake

THE energy unit of Ayala Corp. on Monday said it has completed its acquisition of the Phinma group’s combined 51.48% stake in Phinma Energy Corp.

AC buys back P3B of its shares from Mitsubishi

AYALA CORP. (AC) has bought back P3.19 billion worth of common shares from Mitsubishi Corp., completing the Japanese firm’s portfolio rebalancing exercise for its investments in the country’s oldest conglomerate.

Property, telco units push Ayala Q1 profit 5% higher

EARNINGS of Ayala Corp. (AC) increased by five percent in the first quarter of 2019, driven by the strong performance of its property, banking, and telco units, complemented by gains from the merger of its education arm with the Yuchengco group.

Ayala to spend P2B for cancer hospital

AYALA Healthcare Holdings, Inc. (AC Health) plans to build a specialty hospital in Metro Manila dedicated to cancer worth about P2 billion, in a bid to support the public sector’s efforts to improve cancer care in the country.

Ayala to form $150M venture capital fund

AYALA Corp. (AC) is raising $150 million from its business units to put up a venture capital fund that will allow it to invest in startups across various industries at home and abroad.

AC Education-iPeople to complete merger in May

THE Ayala and Yuchengcho groups will finalize the merger of their education units this May, after securing the final clearance from the Securities and Exchange Commission (SEC) yesterday.

AC Health to increase stake in Generika

THE health care unit of Ayala Corp. (AC) plans to subscribe to more shares in the Generika group of companies to fund the pharmacy’s expansion.

Ayala hikes capex to P262B for this year

AYALA CORP. (AC) is ramping up its spending to P262 billion in 2019 to further support the expansion of its property and telco businesses, while also growing its energy, infra, and health units.

Ayala to keep capital spending steady this year

AYALA CORP. (AC) is keeping its capital spending steady this year, while keeping a “fairly positive” outlook about the group’s businesses moving forward.

Merger of AC Education and iPeople seen within 1st half

AYALA Corp. on Friday said that its unit AC Education, Inc. and listed company iPeople, inc. had executed their plan and articles of merger as approved by the companies’ respective boards of directors and stockholders.

AC Energy raises $225M in green bonds

THE ENERGY UNIT of Ayala Corp. (AC) raised $225 million worth of green bonds on Wednesday, which marks a first for the company as it looks to finance its renewable energy projects in the Asia-Pacific region.

Ayala targets to sell over 10,000 Kia vehicles in 2019

THE AUTOMOTIVE UNIT of Ayala Corp. (AC) targets to sell over 10,000 units of Kia vehicles in 2019, while also preparing for the introduction of three new models in the local market.

Ayala to reintroduce Kia to Philippine market

AC Industrial Technology Holdings, Inc. (AC Industrials) has sealed the deal to distribute Kia vehicles in the Philippines, expanding the number of auto brands under its portfolio.

Ayala to expand Cloverleaf mall

AYALA LAND, Inc. (ALI) is expanding the mall inside its mixed use estate Cloverleaf in Balintawak, Quezon City, as it looks to cater to the needs of commuters traversing the area.

Ayala Q3 attributable profit dips

AYALA CORP. (AC) saw its attributable profit drop by five percent in the third quarter of 2018, as the higher earnings from its property unit failed to offset the weakness of its industrial business and the absence of transaction gains from the power segment.

Ayala’s Christmas light show gets Disneyfied

IT’S TIME once again to brave the heavy traffic of the Metro and watch the annual Festival of Lights at the Ayala Triangle Gardens, now on its 10th year. This year’s lights show will be accompanied by the music from the Walt Disney Co. in a show titled Reimagine The Magic: A Festival of Lights.

Christmas lights switch on in Makati

NOW that Halloween and All Souls Day are over, it is time to turn to the upcoming festive holiday season, with Christmas tree lightings and official switching on of decorations being held all over the metropolis this week and next.