Corporate

SM Prime Holdings Inc. is adding to La Union’s surf and sunset charm with the opening of SM City La Union on Friday, October 17—a new lifestyle and shopping destination in the heart of one of Northern Luzon’s top tourism draws.

Megawide Construction Corp. has secured two new multi-billion-peso contracts from property giant Megaworld Corp. to build residential towers in two of its township developments in Metro Manila, cementing their long-standing partnership.

The Securities and Exchange Commission (SEC) has issued multiple advisories warning the public against unauthorized investment schemes involving De Guzman Consumer Goods Trading, an individual named Christabel Arroyo, and scammers misrepresenting themselves as affiliated with COL Financial Group Inc. and Alpha Securities Corp.

Filinvest Development Corp. (FDC), the listed investment holding company of the Gotianun Group, has approved a plan to consolidate several wholly-owned subsidiaries under its hospitality division as part of an internal corporate restructuring initiative.

Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, reaffirmed its long-term commitment to Mindanao at two key events in Davao City last September: the Davao Investment Conference (Davao ICON) 2025 and the Mindanao PPP Facilitation Initiative launch.