Robinsons Land Inc., the property development arm of the Gokongwei Group, said Friday its board authorized a private placement of shares in its listed real-estate investment trust RL Commercial REIT Inc. that would raise P8.49 billion.
The First Philippine Holdings Corp., the investment company of the Lopez Group, said Friday net income last year rose 19 percent to P15.1 billion on stronger results from its power generation and real estate businesses.
Jollibee Foods Corp. is investing 90 million Singapore dollars in Titan Dining II in a bid to expose the Filipino to even more Chinese culinary experience.
The Philippine Stock Exchange Inc. said Thursday its board approved the appointment of Sycip Gorres Velayo & Co. as external auditor of the operator of the country’s stock market for this year.