Corporate
MGen donates P17.3-million lighting system to Iloilo football ground
Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.
Cebu Landmasters profit boosted by steady property market in VisMin
Steady demand for housing and a diversified portfolio kept Cebu Landmasters Inc. (PSE: CLI) on a growth path, with net income in the first nine months of 2025 rising 6 percent to up P3.1 billion from up P2.9 billion last year.
Mreit income rises 29% in nine months on new asset infusions
Mreit, Inc., the real estate investment trust of property developer Megaworld Corp., reported a 29 percent jump in income to P935 million in the third quarter of 2025, up from P719.58 million a year earlier. The growth was driven by six newly acquired office properties, higher occupancy, and sustained rental escalations.
MPTC gets SEC nod for up to ₱20 billion bond sale
Metro Pacific Tollways Corp. (MPTC) has received pre-effective approval from the Securities and Exchange Commission (SEC) for its planned public offering of up to ₱15 billion in fixed-rate bonds, with an additional ₱5 billion oversubscription option. The bonds may be issued in up to three series with tenors of 3, 5, or 10 years.
Portfolio gains boost Ayala net income by 36%
Ayala Corp., the diversified investment holding company of the Ayala Group, posted a 36 percent jump in net income to up P46.3 billion in the first nine months of 2025, boosted by one-off gains from the revaluation of AC Ventures following Mitsubishi’s acquisition of a 50 percent stake.
