Tag: Megaworld

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Wave 4 portfolio bolster MREIT profit momentum

MREIT Inc., the real estate investment trust arm of Megaworld Corp., posted its strongest quarterly performance to date in the first quarter, as a recently completed acquisition and improved operating efficiency combined to drive broad based growth in earnings, revenues, and margins.

Megaworld to turn over P21B properties in 2026

Megaworld Corp., the listed property development arm of tycoon Andrew Tan, said it is set to turn over about P21 billion worth of major properties this year as it accelerates development across its township portfolio nationwide.

Megaworld expands lead in green office developments

Megaworld Corp., the property development arm of tycoon Andrew Tan, has strengthened its position as the country’s leading developer of green office spaces after securing another sustainability certification for its growing portfolio.

Mead Johnson relocates to Uptown Bonifacio hub

Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.

MREIT secures SEC nod for  P16.2B expansion

MREIT, Inc., the real estate investment trust of Megaworld Corp., has received approval from the Securities and Exchange Commission for its Wave 4 property-for-share swap, clearing the way for a major portfolio expansion in McKinley Hill.

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PLDT gets NYSE warning over delayed 2024, 2025 filings

PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.

Metrobank chief economist tops Asian research awards, bank cites expertise

Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.

GT Capital profit falls 10% to P23.3B on economic slowdown

Slower economic growth, elevated inflation, and softer consumer demand weighed on GT Capital Holdings Inc.’s businesses, pulling consolidated net income down 10 percent to P23.3 billion in the first nine months of 2026, even as its banking and automotive units continued to generate substantial earnings.

BankCom bond sale draws P17.4B, 3.4 times oversubscribed

Strong investor demand enabled Bank of Commerce (BankCom), an affiliate of San Miguel Corp., to raise P17.4 billion from its latest bond offering, more than 3.4 times the minimum P5-billion issue size despite a challenging market environment.

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