Kickstart Ventures, Inc., a wholly-owned subsidiary of Globe Telecom, was chosen by Ayala Corporation (AC) to manage its new $150 million venture capital fund to support startups pursuing innovations along key technology areas in data and analytics, machine learning, artificial intelligence, cloud computing, fintech, automation, real estate, retail, transport, energy, water, health and wellness, and food.
Harnessing the Potentials of Today towards a Future-Ready Philippines
Light Rail Manila Corporation (LRMC) announced the simultaneous signing today of a P24 billion loan facility and the engineering, procurement and construction (EPC) agreement for LRT 1 Cavite Extension, one of the country’s largest private-public partnership projects.
Light Rail Manila Corporation (LRMC ) the concessionaire for the operations, maintenance and extension of LRT1, of which AC Infrastructure Holdings Corp., a wholly owned subsidiary of Ayala Corporation has a 35% stake, took over the operations and maintenance of the LRT Line 1 from the Light Rail Transit Authority and Department of Transportation and Communications on September 12, 2015.
Ayala Corporation’s (Ayala) net income in the nine months ended September rose by 20% year on year to P10.4 billion.
In its annual stockholders’ meeting held April 18, 2011, Ayala Corporation chairman and chief executive officer Jaime Augusto Zobel de Ayala revealed its group companies are raising capital expenditures to P79 billion in 2011.
Ayala Corporation announced that in a special board meeting held today, the company’s board approved the declaration of a 20% stock dividend to holders of its common shares.
Ayala Land, Inc. (ALI) was awarded the Best Large-Capitalization Corporate in the Philippines for 2009, among companies having a market capitalization of over $2 billion, by Asiamoney magazine.
Ayala Corporation, United Utilities (UU) and Philwater Holdings Company Inc., a company owned 60% by Ayala and 40% by UU, signed today agreements for Ayala’s acquisition of UU’s 81.9 million common shares and economic interest in 2 billion preferred shares in Manila Water Co. for a total consideration of P3.5 billion.
Hong Kong-based publication Corporate Governance Asia once again recognized Ayala Corporation as among Asia’s best companies for corporate governance.