Aboitiz Gets OPS for Laguindingan Airport

Aboitiz InfraCapital Inc. (AIC), the infrastructure business unit of the Aboitiz Group (PSE: AEV), was granted Original Proponent Status (OPS) by the Civil Aviation Authority of the Philippines (CAAP) on February 26, 2019 for its unsolicited proposal for the upgrade, expansion, operations, and maintenance of the Laguindingan Airport in Misamis Oriental. The PhP42.7 billion project […]
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AEV to Issue PhP30 Billion Fixed-rate Retail Bond

The board of directors of Aboitiz Equity Ventures Inc. (PSE: AEV) approved the issuance of fixed-rate peso-denominated retail bonds in the aggregate amount of up to PhP30 billion, to be issued in one or more tranches depending on market conditions. The bonds will be registered under the shelf registration program of the Securities and Exchange […]
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NAIA Consortium Granted Original Proponent Status

The Department of Transportation (DOTr) and the Manila International Airport Authority (MIAA) have granted to the “NAIA Consortium”—composed of Aboitiz Equity Ventures (PSE: AEV) subsidiary Aboitiz InfraCapital Inc., Ayala Corp. (PSE: AC) subsidiary AC Infrastructure Holdings Corp., Alliance Global Group Inc. (PSE: AGI), Asia’s Emerging Dragon Corp., Filinvest Development Corp. (PSE: FDC), JG Summit Holdings […]
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Aboitiz Equity Ventures Grows 2016 Full-year Profit by 27% to PhP22.5B

Taguig—(PHStocks)—Aboitiz Equity Ventures Inc. (PSE: AEV) saw its consolidated net income increase by 27% year-on-year (YoY) from PhP17.7 billion in 2015 to PhP22.5 billion in 2016. This translates to PhP4.02 in earnings per share. Power accounted for 65%, followed by the Banking and Financial Services, Food, Infrastructure, and Land strategic business units (SBUs) with income […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in May 2016

Manila—(PHStocks)—Last month saw the Philippines’ presidential elections, and the looming change of administration in the country saw investor mood getting more positive, as seen in the mostly positive levels of the mainboard PSE index. We have yet to see really the impact of this new government in the country’s economy. Let’s just hope it’s for […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in March 2016

Below is the list of the top 50 strongest performing stocks for the month of March. 1. Concrete Aggregates Corp. “A” (PSE: CA): PhP339, 438.09% 2. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP5.90, 115.33% 3. Mabuhay Vinyl Corp. (PSE: MVC): PhP4.78, 71.94% 4. Synergy Grid & Development Philippines Inc. (PSE: SGP): PhP250, 64.47% 5. […]
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Aboitiz Equity Ventures Declares Cash Dividends

Taguig—(PHStocks)—The board of directors of Aboitiz Equity Ventures Inc. (PSE: AEV) has approved the declaration of cash dividends of PhP1.06 per share to all stockholders of record as of 22 March 2016, payable on 19 April 2016. Related Articles:AEV to Issue PhP30 Billion Fixed-rate Retail BondAboitiz Equity Ventures Earmarks PhP58.4B Capex in 2016AEV Inks MOU with […]
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Aboitiz Equity Ventures Earmarks PhP58.4B Capex in 2016

Taguig—(PHStocks)—High hopes on promising growth prospects for the year led Aboitiz Equity Ventures (PSE: AEV) to allocate PhP58.4 billion in capital expenditure (capex) in 2016, bulk of which will be used for its power expansion projects. “Each of our businesses has the potential for higher financial return and growth, as well as sufficient scale and […]
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