Ayala Corp. raised P3.3 billion Wednesday night from the sale of treasury shares, taking advantage of strong investor appetite to generate funds for power and infrastructure investments.
Conglomerate Ayala Corp. has raised P3.3 billion Wednesday night from the sale of treasury shares, taking advantage of strong investor appetite to raise fresh funds for power and infrastructure investments.
Conglomerate Ayala Corp. grew its first quarter net profit by 29 percent year-on-year to P4.5 billion driven by the strong performance of its banking and property businesses.
The Ayala group’s business process outsourcing (BPO) unit has acquired UK-based LBM Holdings Ltd., allowing the group to make further inroads into the United Kingdom, the world’s second-largest English language market.
Ayala Corp. is keen on participating in the bidding for a number of upcoming infrastructure projects to be auctioned by the government under the public-private partnership (PPP) framework.
Conglomerate Ayala Corp. grew its consolidated net profit last year by 12 percent to P10.6 billion on higher contribution from its real estate, banking and water businesses.
Conglomerate Ayala Corp. has boosted its power-generation portfolio with the acquisition of a 17.1-percent stake in GNPower Mariveles Coal Plant Ltd. Co. (GMPC) and its 600-megawatt coal-fired plant in Mariveles, Bataan, for $155 million.
Conglomerate Ayala Corp. has boosted its power portfolio with the acquisition of a 17.1 percent stake in GNPower Mariveles Coal Plant Ltd. Co. (GMPC) and its 600-megawatt coal-fired plant in Mariveles, Bataan, for $155 million.
For the first time in nearly two decades, the Makati central business district boosted its upscale hotel portfolio with the debut of renowned brands Raffles and Fairmont in the Ayala group’s crown jewel, Ayala Center.
Publicly listed Ayala Corp. Tuesday reported stronger nine-month performance figures, citing the robust contributions of its property, banking and water businesses to the bottomline.
Conglomerate Ayala Corp. has obtained a triple “A” credit rating from local credit watcher Philippine Rating Services Corp. for its proposed bond offer of up to P10 billion worth of seven-year bonds.
Conglomerate Ayala Corp., which is diversifying into power and infrastructure businesses, is returning to the local bond market with a P10-billion offering of seven-year bonds.
