Corporate

Cosco Capital, Inc. and Siam Global House PLC have decided to mutually terminate their joint venture agreement entered into on 17 June 2022, which aimed to establish a retail business in the Philippines focusing on building materials, home improvement products, and construction tools. 

Leading regional property developer Cebu Landmasters Inc. (CLI) is selling up to P5 billion in a follow-on offering of sustainability-linked bonds.

GT Capital Holdings, Inc. announced on Monday key leadership changes within its property subsidiaries—Federal Land, Inc. and Federal Land NRE Global (FNG), its joint venture with Japan’s Nomura Real Estate Development Co., Ltd.

A delegation from Misamis Oriental recently concluded a benchmarking trip to Aboitiz InfraCapital’s (AIC) LIMA Estate in Batangas, an industrial development renowned as the country’s first and largest 5-star BERDE (Building for Ecologically Responsive Design Excellence)-certified estate.

The Securities and Exchange Commission (SEC) on Friday affirmed its decision to issue a permanent cease-and-desist order (CDO) against HASMADAI Foundation Inc. and its affiliated organizations, including Humanitarian and Spiritual Mission Apostolates of Davao and Asia Inc. and Humanitarian Institute of Technology Corp.