Ayala Land Net Income Up 16% to PhP29B in 2018

Ayala Land Inc. (PSE: ALI), the Philippine’s largest integrated property and sustainable estates developer, posted solid top-line and bottom-line growth in 2018. ALI’s consolidated revenues climbed 17% to PhP166.2 billion, driven by sustained demand for residential products and the healthy performance of its leasing businesses. Property development revenues rose by 18% to PhP113.4 billion owing […]
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Alsons Power Projects on Track

Alsons Consolidated Resources Inc. (PSE: ACR), the publicly listed company of the Alcantara Group, has reported that its key projects are all on track for completion starting early next year until 2022, even as revenues in the first half of 2018 fell slightly year-on-year. These key projects include the second 105-MW section of the 210MW […]
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SIAL CVS, FamilyMart, and ITOCHU Completes Sale of PFM to Phoenix Petroleum

SIAL CVS Retailers Inc., FamilyMart Co. Ltd, and ITOCHU Corp. have concluded the transaction to sell 100% of the outstanding shares of Philippine FamilyMart CVS Inc. (PFM) to Phoenix Petroleum Philippines Inc. (PSE: PXP), further to a Memorandum of Agreement (MOA) entered into by the parties last October 30, 2017. PFM is the official Area […]
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MCT Notice of Take-over Offer Dispatch

In compliance with statutory requirements in Malaysia, the board of directors of MCT Bhd has dispatched today the Notification to the Shareholders of MCT of the Mandatory Take-over Offer from Regent Wise Investments Ltd (RWIL), a wholly-owned subsidiary of Ayala Land Inc. (PSE: ALI). The take-over offer is made in connection to the acquisition of […]
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Ayala Land Now has Controlling Stake at MCT

Ayala Land Inc. (PSE: ALI), through its wholly-owned subsidiary Regent Wise Investments Ltd (RWIL), signed a share purchase agreement to acquire an additional 17.24% share in MCT Bhd, subject to completion of certain conditions. This will bring ALI’s shareholding in MCT to 50.19% from 32.95%. This increase in ownership will strengthen ALI’s commitment to enhance […]
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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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Ayala Land 9M 2016 Net Income Up 17% to PhP15B

Makati—(PHStocks)—Ayala Land Inc. (PSE: ALI) continued to perform steadily in the past nine months of 2016, delivering a net income of PhP15.06 billion, a 17% increase from the PhP12.83 billion posted in the same period last year. Consolidated revenues reached PhP85.49 billion, 14% higher than the PhP75.05 billion it posted in 2015. Revenues from real […]
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