SM Prime Holdings Inc., the real estate development arm of the Sy Group, is investing P7 billion to transform SM Megamall, one of the Philippines’ most iconic shopping destinations, into a next-generation lifestyle hub, with phased completion slated between 2027 and 2029.
First Gen Corporation, the Lopez Group’s clean and renewable energy firm, said recurring attributable net income for the first half was flat at USD151 million (P8.6 billion) from from USD150 million (P8.4 billion) in the same period last year.
Newly-formed media giant Paramount Skydance has agreed to pay USD7.7 billion to TKO Group Holdings for exclusive U.S. broadcast rights to Ultimate Fighting Championship (UFC) events over the next seven years, starting in 2026.