Corporate
FEU sets aside P2.17 billion for capital expenditures, expansion projects
Far Eastern University Inc., a listed education institution, said its board approved the appropriation of P2.17 billion of retained earnings for various projects and investments.
Higher enrollment nearly doubles STI Holdings’ 9 months net income
Strong enrollment numbers continued to drive earnings at STI Holdings Inc., owner of the largest network of private schools in the country.
Consunji on the lookout for copper and gold mines
Having only recently acquired Cemex Holdings Philippines Inc., engineering conglomerate DMCI Holdings Inc., the holding company of the Consunji group, is on the lookout...
Phinma cement unit buys all of Petra Cement
Philcement Corp., a unit of conglomerate Phinma Corp., on Tuesday signed a share purchase agreement to buy all of Petra Cement Inc.
Ayala Land, unit Westview raise P3.18 billion from sale of ARIET shares
Ayala Land Inc. said Tuesday that in tandem with wholly-owned subsidiary, Westview Commercial Ventures Corp., it raised P3.18 billion from the sale of shares in AREIT Inc., the first listed real estate investment trust on the Philippine Stock Exchange.
