DoubleDragon's Hotel101-Niseko Set to Open in December 2026
DoubleDragon Corporation announced the completion of the building facade for its 482-room Hotel101-Niseko in Japan, with interior fit-out works ongoing. The hotel is expected to open in December 2026, marking DoubleDragon's expansion into the Japanese market.
Ayala Corporation disclosed the purchase of 3,605,300 Ayala Land common shares at PHP 15.4641 per share. This transaction reflects Ayala Corporation's continued investment in Ayala Land.
Megawide Announces Potential Special Dividend and Strategic Updates
Megawide Construction Corporation announced the possibility of a special dividend before the end of 2026 during its Annual Stockholders' Meeting. The company also highlighted its financial achievements and strategic plans, including a shift to a 4-D strategy.
BDO Unibank is issuing PHP5 billion in Peso-denominated Fixed-Rate Sustainability Bonds. This marks their second Sustainability Bond issuance in 2026, following a PHP100 billion issue earlier this year.
Alternergy Holdings Corporation has successfully energized the transmission infrastructure of its 128 MW Tanay Wind Project, marking a key commissioning milestone. This achievement is significant as it prepares the project for commercial operations and supports the company's renewable energy goals.
PhilWeb Partners Exclusively with Pragmatic Play for Gaming Services
PhilWeb Corporation has formed an exclusive partnership with Pragmatic Play to offer gaming services to licensed operators in the Philippines. This collaboration is subject to regulatory approvals and contractual agreements.
SM Seaside Cebu Arena Brings World-Class Entertainment to the Visayas
SM Prime Holdings, Inc. has launched the SM Seaside Cebu Arena, a P7-billion facility designed to host large-scale events and entertainment in Cebu. This development is part of the company's strategy to enhance the South Road Properties estate and boost local tourism and economic opportunities.
Ayala Corporation and A.P. Moller Capital Complete Strategic Investment in AC Logistics
Ayala Corporation and A.P. Moller Capital have finalized a strategic investment, with A.P. Moller acquiring a 40% stake in AC Logistics. This partnership aims to enhance logistics capabilities in the Philippines.
Filinvest Land Transfers Bicutan Property to DOTr for Mega-Transit Hub Development
Filinvest Land, Inc. has transferred a 6,000 square meter property in Bicutan to the Department of Transportation for the development of a mega-transit hub. This project is part of the North-South Commuter Railway and Metro Manila Subway integration, expected to enhance commuter convenience and create jobs.
RRHI Receives Notice of Successful Tender Offer by JE Holdings
Robinsons Retail Holdings, Inc. announced that JE Holdings successfully completed a tender offer, acquiring 229,579,555 common shares. This exceeds the threshold needed for voluntary delisting, and JE Holdings will own 99.69% of RRHI's shares.
Malaysian High Court Stops Unauthorized Use of Cebu Pacific Trademarks
Cebu Air, Inc. successfully obtained a legal injunction against MOVE Travel Sdn Bhd for unauthorized use of its trademarks. The court recognized the trademarks as well-known and awarded costs and damages to Cebu Pacific.
PSE Elects New Directors at Annual Stockholders' Meeting
The Philippine Stock Exchange, Inc. announced the election of three new directors during its annual stockholders' meeting on July 4, 2026. The new directors bring diverse expertise in capital markets, corporate governance, and technology, which is expected to support the company's strategic initiatives.
Sun Life Cautions Shareholders on Ocehan LLC's Below-Market Mini-Tender Offer
Sun Life Financial Inc. has issued a warning to its shareholders about an unsolicited mini-tender offer from Ocehan LLC to purchase up to 100,000 common shares at a price significantly below recent market prices. The offer represents a discount of 24.95% and 24.38% to the closing prices on the TSX and NYSE, respectively.
PNB Provides Update on PNB Holdings Corporation’s Proposed Listing
Philippine National Bank (PNB) has issued a press release updating on PNB Holdings Corporation's (PHC) preparations for a proposed listing on the Philippine Stock Exchange. PHC is undertaking necessary steps for the listing, which aims to broaden its investor base and enhance market access.
Sun Life Financial Inc. has completed the acquisition of Bell Partners, a U.S. multifamily real estate investment manager, for US$350 million. This acquisition enhances Sun Life's asset management capabilities in the U.S. real estate market.
Megawide raises Php4.5 billion from CREC shares monetization
Megawide Construction Corporation has completed the monetization of its 9% stake in Citicore Renewable Energy Corp., raising Php4.5 billion. The proceeds will be used to fund expansion and reduce debt, aligning with the company's strategic initiatives.
A Brown Successfully Lists ₱4.0 Billion Fixed-Rate Bond Issuance
A Brown Company, Inc. has successfully listed its maiden ₱4.0 billion fixed-rate bond issuance on the Philippine Dealing & Exchange Corporation. The issuance was oversubscribed, indicating strong investor confidence, and will fund the company's real estate and renewable energy projects.
Ayala Corporation Allocates Php5 Billion for Ayala Land Share Purchase
Ayala Corporation has allocated Php5.0 billion for purchasing additional shares of Ayala Land, Inc., including Php2.0 billion from its capital expenditure budget. This is part of a broader Php20.0 billion buyback program.
ACEN Powers Federal Land's Flagship Developments with 100% Renewable Energy
ACEN CORPORATION, through its retail electricity arm ACEN RES, has entered a multi-year agreement with Federal Land to supply 100% renewable energy to four residential developments in Pasay City. This transition is facilitated by government programs supporting renewable energy adoption.
Asia United Bank Corporation announced a strategic roadmap focused on AI integration and capital expansion. The bank plans to increase its authorized capital stock and declare both cash and stock dividends.
