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Ayala Corp. raises $275M via sale of common shares

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Conglomerate Ayala Corp. has raised $275 million in fresh equity from the sale of common shares through a “top-up” private placement, boosting funds for the expansion of its power and infrastructure ventures.

Posted: November 21st, 2014 in Headlines | Read More »

‘Investments made in good faith’; funds will be moved to DBP

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National Museum. INQUIRER FILE PHOTO

Everything was done in good faith. National Museum Chair Ramon del Rosario Jr. and Director Jeremy Barns said this in response to the Commission on Audit (COA) taking issue with the board of trustees’ handling of the museum’s P370-million endowment.

Posted: July 28th, 2013 in Latest Business Stories | Read More »

Energy chief seeks release of IMEM funds

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Energy Secretary Carlos Jericho L. Petilla

Energy Secretary Carlos Jericho L. Petilla is pushing for the immediate rollout of funds for the establishment of the Interim Mindanao Energy Market (IMEM), eyed as a measure that will help ease the worsening power supply situation in Mindanao.

Posted: February 15th, 2013 in Latest Business Stories | Read More »

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