Tag: MREIT

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Megaworld raises P1.86B from stakes sale

Corporate Context.ph Context.ph -
Megaworld Corp. cashed in on two portfolio investments, raising a combined P1.86 billion and boosting fresh capital for the listed property arm of billionaire Andrew Tan.

MREIT bulked up with prime offices

Corporate Context.ph Context.ph -
MREIT, Inc., the real estate investment trust of Megaworld Corp., is expanding its footprint after its board approved the infusion of nine Grade A office buildings through a property-for-share swap valued at P16.22 billion.

Capital boost sets stage for MREIT expansion

Markets Context.ph Context.ph -
MREIT, Inc., the real estate investment trust of Megaworld Corp., has secured regulatory approval to raise its authorized capital stock (ACS) to P8 billion from P5 billion, clearing a major hurdle as it gears up for its next round of property infusions.

MREIT to hike capital to P8B for expansion

Corporate Context.ph Context.ph -
MREIT Inc., the real estate investment trust of billionaire Andrew Tan, has filed an application with the Securities and Exchange Commission to raise its...

Megaworld to reinvest MREIT proceeds in townships

Corporate Context.ph Context.ph -
Property developer Megaworld Corp. is set to reinvest approximately P3.4 billion in proceeds from its recent MREIT, Inc. share sales into expanding three of...
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Yuchengco power firm posts lower profit despite higher sales in 2025

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Petro Energy Resources Corp. (PERC) reported a sharp drop in profit for 2025, even as its revenues grew.

NPC partners with private firm to develop carbon credit system

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The National Power Corp. (NPC) has signed an agreement with Climate Smart Ventures (CSV) to create a framework for carbon credits, aiming to support the Philippines’ shift to a low-carbon future.

Philippine bonds to join Global Index in 2027

Economy 0
The Department of Finance (DOF), Bureau of the Treasury (BTr), and Bangko Sentral ng Pilipinas (BSP) announced that Philippine peso-denominated government bonds will be included in J.P. Morgan’s Government Bond Index – Emerging Markets (GBI-EM) starting January 29, 2027.

Museo del Galeon: The voyage begins May 1

Travel & Tourism 0
The galleon is sailing again, at least in spirit, and this time it is anchored in Manila as a story of heritage,  high ambition and history finally opens its doors to the public.

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