passive investments under AC Ventures, and other non-core assets by 2023 as part of a plan to raise $1 billion from asset sales.
The conglomerate has reinvested $360 million of the proceeds to buy back shares in the company as well as property unit Ayala Land Inc. The conglomerate has allotted P12 billion to AC Health since 2015 to build a portfolio of assets in primary care and multi-specialty clinics, hospitals, retail pharmacy, pharmaceutical distribution and tele-health.
Source: Energy Industry News (energyindustrynews.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ayala Corp. shareholders to get ACEN sharesAyala Corporation is giving its shareholders shares of stock of subsidiary AC Energy Corporation (ACEN) worth about P4.5 billion as a property dividend.
Source: manilabulletin - 🏆 25. / 51 Read more »
Ayala Corp. shareholders to get ACEN sharesAyala Corporation is giving its shareholders shares of stock of subsidiary AC Energy Corporation (ACEN) worth about P4.5 billion as a property dividend.
Source: manilabulletin - 🏆 25. / 51 Read more »
‘Money Heist: Joint Economic Area’ to premiere on June 24Netflix has announced that Money Heist: Joint Economic Area, the Korean spinoff of the global hit series La Casa de Papel or Money Heist, will premiere on the streaming platform on June 24. meron nyan na filipino version, 203 billion ang budget. hahahahah
Source: PhilippineStar - 🏆 7. / 71 Read more »
EDC expands Mt. Apo geothermal facility by 3.6 MW - BusinessWorld OnlineLopez-led Energy Development Corp. (EDC) has expanded its Mt. Apo geothermal facility with the launch of its 3.6-megawatt (MW) binary geothermal power plant on Wednesday. READ: I support it 🙂🙂💓🌷🌷💓💓💓💓🌷💓🌷💓💓💓🌷🌷🌷💓🌷
Source: bworldph - 🏆 9. / 68 Read more »
Sotto projected to be chosen in 2nd round of NBA ‘22 Draft' Sotto projected to be chosen in 2nd round of NBA ‘22 Draft ' After two years of waiting, Adelaide 36ers’ rookie Kai Sotto of the Philippines said he is ready for the 2022 NBA Draft. Read more👇
Source: MlaStandard - 🏆 20. / 55 Read more »
Metrobank nets P8 B in Q1; higher loans with better asset qualityMetrobank posted net income of P8.0 billion in the first quarter of 2022. Metrobank’s solid performance is attributed to stable net interest income supported by recovery in loans, modest rise in non-interest income and marginal costs growth.
Source: manilabulletin - 🏆 25. / 51 Read more »