Filinvest Land Inc., the listed property development arm of the Gotianun Group, plans to launch P25 billion worth of residential projects this year, mostly residential buildings and landed housing, to sustain double-digit growth seen last year.
The Securities and Exchange Commission has haled into court the Maria Francesca Tan Group of Companies Inc. and Foundry Ventures I Inc. over alleged illegal investment taking activities.
Manila Water Co. Inc. subsidiary, Manila Water Philippine Ventures Inc. (MWPV) has acquired a 70 percent interest stake in Equipacific HoldCo Inc. (EHI) at the cost of P1.15 billion.
The Private Sector Advisory Council (PSAC), in collaboration with the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), has significantly bolstered public-private partnerships and investment opportunities in the Philippines.
PAL Holdings Inc., the listed company that primarily holds the interests of the Lucio Tan Group in Philippine Airlines, said Friday it secured regulatory approved to the increase in its authorized capital stock to P30 billion from the current P13.5 billion.