Corporate
Filinvest REIT switches 5 buildings to green energy; 3 more set this year
Filinvest REIT Corp., the listed real estate investment trust of the Gotianun Group, said Thursday it has successfully transitioned earlier this year five of its office buildings to renewable energy sources under the government’s Green Energy Option Program.
ENEX hikes capital to wipe out shareholder equity deficit; names board chairman
ENEX Energy Corp., the oil and gas exploration arm of the Ayala Group.’s ACEN Corp., said Thursday its shareholders have approved the increase in its capital to P1.3 billion to create 300 million preferred shares and address the deficit in the company’s shareholder equity.
SM Investments declares higher dividend, plans further expansion nationwide
Keeping shareholders happy and customers engaged appears top most in the list of priorities at SM Investments Corp., the flagship investment company of the Sy Group.
Hot weather, wider distribution network drive Concepcion Industrial earnings 31% higher in 1Q
A wider product portfolio, retail presence and distribution network as well as a hotter weather in the first quarter helped double the net income to P186 million of Concepcion Industrial Corp., the country's leading provider of consumer lifestyle and industrial products.
LPG sales fuel net income of Pryce Corp. higher in 1Q
Liquefied petroleum gas sales, used mainly for cooking, fueled the nearly 40 percent gain in the net income of Pryce Corp. in the first quarter to P713.7 million.
