Corporate
SM Prime Expands Footprint with First Ilocos Norte Mall Opening
SM Prime Holdings Inc. will inaugurate SM City Laoag on May 30, marking its 88th shopping mall in the Philippines and its first in Ilocos Norte. The new mall underscores the company’s strategy to deepen its presence in emerging regional growth centers.
Ayala Group launches massive EV charging expansion
The Ayala Group, through AC Mobility and property arm Ayala Land Inc., is undertaking an ambitious nationwide expansion of the electric vehicle (EV) charging infrastructure, targeting 700 stations by the end of 2025, up from just 90 today. The move, announced Tuesday, marks a bold push into clean energy infrastructure with clear commercial and corporate significance.
Converge launches Netflix Bundle to streamline connectivity and entertainment
Converge ICT Solutions has unveiled its new Converge Netflix Bundle, combining high-speed internet, premium streaming access, and smart entertainment hardware into a single subscription plan. The integrated offer aims to capitalize on the rising demand for seamless on-demand entertainment and connectivity in Philippine households.
Ayala secures SEC nod for ₱20B share sale
The Securities and Exchange Commission (SEC) has greenlit Ayala Corporation’s ₱20 billion preferred share offering, a move expected to bolster the conglomerate’s liquidity while refinancing short-term debt.
Filinvest Development plans P8B preferred share offering
Filinvest Development Corp., one of the Philippines’ largest diversified d, has filed a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) for the public offering of up to 8 million preferred shares priced at P1,000 each.
