Corporate

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 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.

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 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.

Vista Land & Lifescapes Inc., the property development arm of the Villar Group, reported a 5 percent increase in first-quarter net income to ₱3.39 billion, up from ₱3.22 billion a year earlier, reflecting stable financial performance and continued market demand across its real estate segments.