GERI to Develop PhP8B ‘Integrated Lifestyle Community’ in Caliraya

Megaworld Corp. (PSE: MEG), through its subsidiary Global-Estate Resorts Inc. (PSE: GERI), announces its second “integrated lifestyle community (ILC)” development in Lumban-Cavinti, Laguna, surrounding Lake Caliraya. To be called The Hamptons Caliraya, the 300-hectare development will be composed of lakeside residential villages and villas, a town center, two 18-hole golf courses and clubhouse, and a […]
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PH Stocks Recover

Manila—(PHStocks)—Philippine stocks recover Wednesday, 5 July 2017, after two days of decline. The benchmark Philippine Stock Exchange index (PSEi) edged higher by 0.19% or 14.88 points to close today’s trading at 7,848.84. The wider all shares index gained 15.8 points to close at 4,712.7. All counters are in the green, led by the Industrials, which […]
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AGI to Spend More than PhP150B for Two-year Expansion Programs Across Businesses

Manila—(PHStocks)—Alliance Global Group Inc. (PSE: AGI), the investment holding company of tycoon Dr. Andrew L. Tan, is allocating more than P150-billion for this year until 2017 to finance the various expansion plans of its companies. “We continue to be optimistic about what lies ahead. That is why we have kept an aggressive capex plan moving […]
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Megaworld’s GERI Spending PhP10B to Complete Five Hotels by 2019

Manila–(PHStocks)–Tourism and leisure township developer Global-Estate Resorts Inc. (PSE: GERI), a subsidiary brand of property giant Megaworld Corp. (PSE: MEG), is expected to complete five hotels in its townships in Boracay and Alfonso, Batangas near Tagaytay in the next three years. Four of these hotels are within Boracay Newcoast, a 150-hectare integrated tourism and leisure township […]
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Alliance Global Records PhP5.3B Net Income in 1Q 2016

Manila—(PHStocks)—Alliance Global Group Inc. (PSE: AGI) posted a net income of PhP5.3 billion in the first three months of this year, about 5% lower from its level a year ago, as consolidated revenues were generally steady at PhP33.1 billion. “We executed well in the first quarter despite the heavy external headwinds and the initial uncertainty leading to the […]
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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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Megaworld Earmarks Php55B for Projects, Land Banking this Year

Makati—(PHStocks)—Megaworld Corp. (PSE: MEG), along with its subsidiary brands Global-Estate Resorts Inc. (PSE: GERI), Empire East Holdings Inc. (PSE: ELI), and Suntrust Properties Inc., are allocating PhP55 billion in capital expenditures (CAPEX) this year as it aggressively expands its rental portfolio, particularly its mall and office businesses. Seventy-five percent of the capital spending for the […]
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Global-Estate Resorts 1H 2015 Net Profit Up 69.6%

Pasig—(PHStocks)—Megaworld Corp. (PSE: MEG) subsidiary, Global-Estate Resorts Inc. (PSE: GERI), the country’s biggest developer of integrated leisure and tourism townships, posted a net income of PhP339-million in the first half of 2015, up 69.6-percent from PhP200-million during the same period last year. Consolidated revenues for the first six months of 2015 amounted to PhP2.1-billion, a […]
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