Corporate

Ayala Land Inc. (ALI) said Thursday that it has raised approximately P489 million from a block sale of 12 million common shares in Areit Inc., its real estate investment trust (REIT), to institutional investors. The shares were priced at P40.78 apiece, representing a slight discount from Areit’s last traded price of P41.50.

Shakey’s Pizza Asia Ventures Inc. is set to introduce its Potato Corner brand in Taiwan and Laos by year-end. The move underscores the company's commitment to scale its iconic snack brand in new high-growth markets.

Smart Communications, Inc. (Smart) has entered into a strategic partnership with D One Legacy PH Corp. to equip more Filipinos with tools to succeed in the digital economy while strengthening Smart’s market reach through grassroots retail distribution.

Pilmico, the food and agribusiness arm of Aboitiz Foods, has partnered with the Iligan City Government to launch "Project Silk Iligan Post-Harvest Support," an initiative aimed at strengthening the yellow corn value chain through improved infrastructure and farmer support.

Grab Philippines has partnered with the Department of Transportation (DOTr) and donated pedal-assist bicycles and helmets to 20 individuals as part of the agency’s Active Transport Program, underscoring a joint commitment to sustainable mobility and road safety.