New Clark International Airport to Spur Economic Growth in Central and North Luzon

Clark International Airport O&M winning bidder North Luzon Airport Consortium (NLAC) is optimistic that the project will spur economic growth in Central and North Luzon. The consortium is pouring in an estimated project cost of about PhP6 billion to fit out the new terminal with a capacity to serve eight million passengers per annum, doubling […]
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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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JG Summit Celebrates 25 Years as a Listed Company

JG Summit Holdings Inc. (PSE: JGS) celebrated its 25th year as a listed company with a special bell ringing ceremony at the Philippine Stock Exchange (PSE) on Thursday. In his welcome remarks during the bell ringing event, PSE Chairman Jose T. Pardo said, “Since its stock market debut on this very day in 1993, the […]
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Robinsons Land Obtains PSE Board Approval for PhP20B SRO

Robinsons Land Corp. (PSE: RLC) has obtained the approval of the board of directors of the Philippine Stock Exchange Inc. (PSE: PSE) to raise up to PhP20 billion through a stocks right offer (SRO). The said approval was secured on January 10, 2018, while the Securities and Exchange Commission’s (SEC) confirmation of exempt transaction covering […]
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Consortium Formed to Rehabilitate, Maintain and Operate NAIA

Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Alliance Global Group Inc. (PSE: AGI), Asia’s Emerging Dragon Corp., Filinvest Development Corp. (PSE: FDC), JG Summit Holdings Inc. (PSE: JGS), and Metro Pacific Investments Corp. (PSE: MPI) have all agreed to form a consortium to rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA) through an […]
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JG Summit’s P30 Billion Bonds Keep Highest Rating

Pasig—(PHStocks)—The outstanding P30 Billion bond issue of JG Summit Holdings, Inc. (PSE: JGS), the holding company of the JG Summit Group, kept its PRS Aaa rating from Philippine Rating Services Corporation (PhilRatings). The rating also has a Stable outlook. JGSHI is a holding company for a group of companies with substantial business interests in branded […]
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JG Summit 2015 Core Net Income Up 38%

Pasig—(PHStocks)—JG Summit Holdings Inc. (PSE: JGS) posted a 38.1% increase in consolidated core net income, earning a total of PhP28.05 billion in 2015 compared to PhP20.3 billion in 2014. The increase in core net income is due to the double-digit income growth in the company’s core operating businesses particularly in Cebu Air Inc. (Cebu Pacific, PSE: […]
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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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