Ayala Net Income Climbs to ₱26B

Makati—(PHStocks)—Ayala Corp. (PSE: AC) reported a net income of ₱26 billion in 2016, 17 percent higher than the previous year, on the back of double-digit growth contributions from its real estate and banking units, boosted by its emerging businesses in power and industrial technologies. This positive earnings momentum was driven by the robust equity earnings […]
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LRMC Inks PhP24B Loan Facility, EPC for LRT 1 Cavite Extension

Makati—(PHStocks)—Light Rail Manila Corp. (LRMC), a joint venture company of Metro Pacific Investments Corp.’s (PSE: MPI) Metro Pacific Light Rail Corp. (MPLRC), Ayala Corp.’s (PSE: AC) AC Infrastructure Holdings Corp. (AC Infra), and the Philippine Investment Alliance for Infrastructure’s Macquarie Infrastructure Holdings (Philippines) Pte Ltd (MIHPL), announced the simultaneous signing on 11 February 2016 of […]
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Ayala Subsidiary Bidding for Cavite-Laguna Expressway Project

Makati—(PHStocks)—AC Infrastructure Holdings Corp. (ACIHC), a wholly owned subsidiary of Ayala Corp. (PSE: AC), has submitted prequalification documents on 23 October to the Department of Public Works and Highways (DPWH) for the bidding of the Cavite-Laguna Expressway project. ACIHC is participating under a consortium which includes Aboitiz Land Inc. and Macquarie Infrastructure Holdings (Philippines). Related Articles:Ayala […]
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