Corporate

Areit in another P22.5B property-for-share swap with Ayala Land

Areit Inc., the real estate investment trust of Ayala Land Inc., will conduct a third property-for-shares swap with its sponsor, involving prime property in...

Triple whammy pushes Phinma income down 18% in 2022

Conglomerate Phinma Corp. said its income for 2022 slipped 18 percent to only P1.5 billion due to higher raw materials costs occasioned by the...

A Brown unit buys land, palm oil mill in Surigao

Investment holding firm A. Brown Co. Inc. said Tuesday that its subsidiary, Surigao Greens Agri Corp., has bought  a palm oil milling company in...

Aboitiz Equity income down as stake in Aboitiz Power declined

Aboitiz Equity Ventures Inc., a diversified investment holding company, said Tuesday net income last year declined 9 percent year-on-year to P24.8 billion, dragged down...

SP New Energy public float at 20% after stock rights full payment

SP New Energy Corp., a listed renewable energy venture, said Tuesday it secured an additional P2.8 billion in fresh capital from shareholders who participated...

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