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Alphaland to appeal delisting from PSE

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ALPHALAND Tower on Ayala Avenue. FILE PHOTO

The decision of the Philippine Stock Exchange to initiate a delisting process against Alphaland Corp. is “grossly unfair,” according to the legal counsel of businessman Roberto V. Ongpin who leads the property developer.

Posted: March 13th, 2014 in Latest Business Stories | Read More »

Ramon Ang quits Alphaland, Philweb boards

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SMC president Ramon S. Ang: Confirmation

San Miguel Corp. president Ramon S. Ang has stepped down from the boards of property developer Alphaland Corp. and gaming firm Philweb Corp., both led by businessman Roberto V. Ongpin.

Posted: March 12th, 2014 in Latest Business Stories | Read More »

Ongpin, partner clash over marina club project

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A squabble has erupted between the group of businessman Roberto V. Ongpin and the Wenceslao family, the partner of Ongpin-led Alphaland Corp. in its marina club project in Manila Bay.

Posted: February 25th, 2014 in Editor's Pick,Headlines | Read More »

Ongpin-Ashmore row worsening

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British fund Ashmore has refuted allegations made by estranged business partner, the group of businessman Roberto V. Ongpin, that it had violated securities laws when it allegedly “misrepresented” a share sale deal involving property developer Alphaland Corp. in 2012.

Posted: January 24th, 2014 in Editor's Pick,Headlines | Read More »

Ongpin group raises Alphaland stake to 50.57%

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Businessman Roberto Ongpin  INQUIRER FILE PHOTO

Former trade minister Roberto V. Ongpin and his associates have raised collective interest in property developer Alphaland Corp. to 50.57 percent, diluting the interest held by British fund Ashmore with which business relationship has turned sour.

Posted: January 21st, 2014 in Latest Business Stories | Read More »

New BFF?

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As the group of businessman Roberto V. Ongpin parts ways with London-based Ashmore group, several prominent names in the region have cropped up as potential new strategic partners in property firm Alphaland Corp.

Posted: October 15th, 2013 in Headlines | Read More »

Court orders arrest of 13 ex-DBP execs

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Former Labor Secretary Patricia Sto. Tomas, newspaper columnist Alexander Magno and 11 other former officers of the state-owned Development Bank of the Philippines (DBP) were ordered arrested on Thursday by the Sandiganbayan for complicity in granting P660 million in loans to a firm owned by businessman Roberto V. Ongpin in 2009.

Posted: August 2nd, 2013 in Headlines | Read More »

Philam intramurals

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There seems to be little rest for Philam Life president and CEO Rex Mendoza, who is in the middle of efforts to revitalize what was once the country’s biggest insurance firm.

Posted: May 7th, 2013 in Headlines | Read More »

Ongpin to BSP exec Espenilla: Who is persecuting whom?

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Businessman Roberto Ongpin  INQUIRER FILE PHOTO

“Who is persecuting whom?” Businessman Roberto V. Ongpin snapped back at Bangko Sentral ng Pilipinas Deputy Governor Nestor Espenilla Jr.

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

Ongpin girds for battle, sells PBCom stake

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Businessman Roberto Ongpin  INQUIRER FILE PHOTO

Former Trade Minister Roberto V. Ongpin sold his stake in Philippine Bank of Communications, citing the need to make a “financial sacrifice” and spare the bank from any backlash that could arise from his legal battle with a ranking central bank official.

Posted: January 6th, 2013 in Editor's Pick,Headlines | Read More »

Ongpin, BSP butt heads over PBCom directorship

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Businessman Roberto V. Ongpin is at loggerheads with the Bangko Sentral ng Pilipinas over the latter’s decision to defer action on his appointment as director and co-chairman of Philippine Bank of Communications—a move the former Marcos trade minister said was made by the latter despite the absence of a formal complaint against him.

Posted: January 3rd, 2013 in Editor's Pick,Headlines | Read More »

Ongpin rapped for LBP deal

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A private complainant with a history of litigation against the Land Bank of the Philippines on Monday filed a complaint against the government bank, along with businessman Roberto V. Ongpin, over its 2008 sale of shares in Manila Electric Co.

Posted: September 24th, 2012 in Headlines | Read More »

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