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Wednesday, 12 November 2025, 2:11 pm

    Tag: Meralco

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    San Miguel finalizes long-delayed Meralco deal

    Corporate Context.ph Context.ph -
    San Miguel Corp., one of the country’s largest conglomerates, has completed a long-delayed transaction to acquire 1.03 million shares of Manila Electric Co. from the Land Bank of the Philippines.

    San Miguel completes Meralco deal with Landbank after 17 years

    Corporate Context.ph Context.ph -
    San Miguel Corp. (SMC), one of the Philippines’ largest conglomerates, announced that its power unit, San Miguel Global Power Holdings Corp., has finally acquired a long-contested 3.9 percent stake in Manila Electric Co. (Meralco), nearly two decades after first attempting the deal.

    MGreen early listing plans counts SPNEC as backdoor option

    Corporate Context.ph Context.ph -
    MGen Renewable Energy Inc. (MGreen),  the green energy arm of Meralco PowerGen Corp. (MGen), is exploring the possibility of a public listing, with key advisors recently retained to guide the process, its listed affiliate, SP New Energy Corp. (SPNEC) told the Philippine Stock Exchange. 

    Meralco reduces power rates for June bill

    Energy Context.ph Context.ph -
    Manila Electric Co., the country’s largest power distributor better known as Meralco, announced on Wednesday a reduction in electricity rates, lowering charges by P0.1076 per kiloWatt-hourin June, the second rate reduction in as many months.

    DHL, MSpectrum partner for solar training center

    Social Responsibility & Sustainability Context.ph Context.ph -
    MSpectrum, Inc., the solar energy arm of Meralco, has completed a 120-kilowatt peak (kWp) rooftop solar project for DHL Supply Chain, powering the logistics...
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    SM Investments’ 9-mo. net income rises 6% to P64 billion

    Corporate 0
    SM Investments Corp. reported a consolidated net income of P64.4 billion for the first nine months of 2025, up 6 percent from P60.9 billion a year ago, with revenues rising 4 percent to P482.3 billion.

    Mega Agri-Farm plans poultry expansion in Tarlac

    Agriculture 0
    Mega Agri-Farm Corp. is planning to expand its poultry farm in Mayantoc, Tarlac, to accommodate up to 480,000 birds, five times its current capacity of 98,000.

    Filinvest Land rides leasing momentum to P3.64B net income

    Property 0
    Filinvest Land Inc., the property development arm of the Gotianun group, posted a 5 percent increase in net income to P3.64 billion for the first nine months of 2025, up from P3 billion a year earlier. Consolidated revenues grew 9 percent to P20.08 billion, led by steady leasing performance and robust residential sales.

    BSP pushes blended finance to fund climate adaptation, build resilience

    Banking & Insurance 0
    The Bangko Sentral ng Pilipinas (BSP) is calling for stronger use of blended finance to support climate adaptation and resilience projects across the country.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    AGI net income rises 24% in first nine months

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    Alliance Global Group Inc. (AGI), led by Andrew L. Tan, reported a 24 percent jump in net income to P24.8 billion for the first nine months, partly due to a one-time P3.4 billion gain from reclassifying its McDonald’s Philippines unit as an associate.
    Corporate

    SM Investments’ 9-mo. net income rises 6% to P64 billion

    0
    SM Investments Corp. reported a consolidated net income of P64.4 billion for the first nine months of 2025, up 6 percent from P60.9 billion a year ago, with revenues rising 4 percent to P482.3 billion.
    Agriculture

    Mega Agri-Farm plans poultry expansion in Tarlac

    0
    Mega Agri-Farm Corp. is planning to expand its poultry farm in Mayantoc, Tarlac, to accommodate up to 480,000 birds, five times its current capacity of 98,000.
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