GIC AND AYALA ACQUIRE REMAINING DBS STAKE IN BPI
GIC Private Limited (GIC) and Ayala Corporation have acquired DBS Bank Ltd’s (DBS) remaining ownership interest in Ayala DBS Holdings, Inc. (ADHI). The stake is equivalent to a 9.9% indirect…
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AYALA GROUP PUBLIC SERVICE ADVISORY #2 (#YOLANDAPH)
GROUPWIDE UPDATES Donation and fundraising drives among employees have been activated across Ayala companies in cooperation with DSWD, Red Cross, and other partner organizations. Globe continues to substantially improve mobile…
AYALA GROUP PUBLIC SERVICE ADVISORY #1 (#YOLANDAPH)
On November 8, Typhoon Yolanda (Haiyan), a Category 5/Signal #4 typhoon, made six landfalls in the Philippines over most of the Visayas region and parts of southern Luzon and Mindanao….
Volkswagen is Back in Manila
Fernando Zobel de Ayala, president and COO of Ayala Corporation, and Weiming Soh, Volkswagen president for commercial operations in Greater China/ASEAN, led the celebration marking the return of Volkswagen to…
Caparispisan Wind Energy Project Breaks Ground
Northern Luzon UPC Asia Corporation (NLUPC) has officially commenced construction of the 81-megawatt Caparispisan Wind Energy Project in the municipality of Pagudpud, Ilocos Norte. NLUPC is the joint-venture company established…
AYALA CORPORATION 1H PROFIT UP 20% TO P7.3B; CORE NET INCOME SURGED 42% TO P8.9B
…INTERNATIONAL Integrated Micro-Electronics, Inc. (IMI) registered an 8-percent improvement in revenues to US$350.5 million. This was a result of the robust performance of its operations in Europe, Mexico, and the…
AC Energy Enters Joint Venture for Wind Farm Projects
AC Energy Holdings, Inc. (ACEHI), a wholly owned subsidiary of Ayala Corporation, signed an Investment Framework Agreement and Shareholders’ Agreement with UPC Philippines Wind Holdco I B.V., a wholly owned…
VOLKSWAGEN, AYALA SIGN IMPORTER CONTRACT
German auto giant Volkswagen formally signed the appointment of Automobile Central Enterprise, Inc. (ACEI), a wholly owned subsidiary of Ayala Corporation, as its Philippine distributor. In a simple ceremony held…
AYALA CORPORATION 1Q13 NET INCOME UP 29% TO P4.5B; CORE NET INCOME SURGED BY 49% YEAR ON YEAR
Ayala Corporation’s earnings in the first quarter of the year reached P4.5 billion, 29% higher than net income in the first quarter of last year. Core net income, which excludes…
STREAM ACQUIRES UK-BASED COMPANY AND ACHIEVES STRONG 2012 RESULTS
LiveIt, Ayala’s BPO investment arm, announced that its investee, Stream Global Services, Inc., recently completed the acquisition of all the outstanding share capital of UK based LBM Holdings Limited, and…