Corporate

State-run Pag-IBIG Fund has declared higher dividend rates for 2025, signaling robust financial health and reaffirming its commitment to maximizing members’ savings.

SM Hotels and Conventions Corp. is set to broaden its presence in the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector with three new SMX Trade Halls slated to open across Luzon by fourth quarter of 2026.

Ayala Land Inc., the flagship real estate developer of the Ayala Group, has successfully sold 88 million common shares of AREIT, Inc. at P42 per share, raising P3.7 billion before fees and taxes. 

SM Prime Holdings Inc. is paving the way for a fresh funding channel after its board of directors approved the reclassification of 100 million unissued common shares into 100 million preferred shares, a move designed to broaden its capital-raising flexibility and attract a wider investor base.

DigiPlus Interactive Corp. has moved closer to sealing its P12 billion investment in Hong Kong-listed International Entertainment Corp. after IEC shareholders approved the subscription agreement and related whitewash waiver in a special meeting on February 26.