Corporate

Ayala plans P15 billion preferred shares offer, declares P2.6 billion dividend

Ayala Corp. said Thursday its board approved a fund-raising exercise that could generate as much as P15 billion in fresh capital for the diversified investment holding company of the Zobel family.

Filinvest REIT signs deal to lease space in Northgate Cyberzone to Singapore’s Gear

Filinvest REIT Corp., the listed real estate investment trust of the Filinvest Group, has sealed a lease agreement with Gear Inc., a global business process outsourcing firm headquartered in Singapore.

Megawide secures regulatory nod to raise up to P5 billion via fixed-rate bond issue

Megawide Construction Corp. said Wednesday it secured regulatory approval to offer up to P5 billion worth of fixed-rate bonds, including P1 billion to cover excess demand.

Filinvest Land unit wins contract to lease office space for NBI headquarters

Filinvest Land Inc., the property development arm of the Gotianun Group, said Wednesday its office business unit Filinvest Cyberparks Inc. recently won the bid for the lease of office space to house the main office of the National Bureau of Investigation. The bid is part of NBI's forthcoming relocation to prime office spaces within Filinvest Cyberzone Bay City in Pasay City.

Maynilad penalized for water quality issues in Caloocan

Maynilad Water Services Inc. said it will abide by the decision of the Metropolitan Waterworks and Sewerage Services-Regulatory Office (MWSS-RO) to refund Caloocan City residents who experienced water quality issues.

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