Corporate
LT Group posts record earnings
LT Group, Inc. (LTG), the flagship investment holding company of billionaire Lucio Tan, delivered its strongest nine-month performance on record, posting an attributable net income of P22.57 billion—a 14 percent increase year-on-year and the company’s best January-September and third-quarter results since its follow-on offering—delivered by the broad-based growth across the conglomerate.
Dominion Holdings profit slips on dividend payout
A reduction in investible funds and lower interest rates trimmed the net income of Dominion Holdings, Inc. (DHI), formerly BDO Leasing and Finance, Inc., to P106.4 million in the first nine months of 2025 from P171 million in the same period last year.
Alternergy Launches Retail Power Unit
Renewable energy trailblazer Alternergy Holdings Corp. is strengthening its position in the power industry with the launch of its retail electricity supply arm, ALTER Power RES, Inc. (ALTER Power), after securing approval from the Securities and Exchange Commission.
MVP Group in early talks to acquire Villar’s Prime Water
The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.
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.
