Del Monte Philippines

Philippines: Del Monte seeks to raise up to $333m via IPO

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Del Monte Pacific earlier said it intends to use the proceeds from the offering to partially prepay or repay certain loan facilities.

PH unicorn Revolution Precrafted partners boxer Manny Pacquiao for home, gym design

Pacquiao will help Revolution Precrafted design affordable homes and sports-inspired residential developments.


Philippines: Ayala’s AC Energy invests $30m in Australian power JV

Ayala Corporation will own 50 per cent of UPC Renewables Australia through its wholly owned subsidiary AC Energy.


Philippine proptech unicorn Revolution Precrafted to build 2,000 villas in Puerto Rico

The deal marks Revolution Precrafted’s expansion into its ninth international market.


Philippines’ Ayala looks to sell 50% stake in coal unit, shift to renewables

AC Energy’s assets are 80% thermal and 20% renewable, with a total value of 135 billion pesos ($2.6 billion), according to a recent CLSA report.


New ride-hailing players emerge in Southeast Asia to take on Grab, Go-Jek

Regulators in Southeast Asian countries have issued permits to new ride-hailing companies to compete with market leader Grab.


Realty Digest: Century Properties, Mitsubishi in JV; Sime Darby, Mitsui enter pact

Japanese companies Mitsubishi, Mitsui and Mitsubishi are participating in separate real estate development in the Philippines and Malaysia.


Philippine proptech unicorn Revolution Precrafted bags new deal at home

The company said the deal is expected to raise at least $125 million in revenues and put the spotlight on a prime property once dubbed as “Asia’s Paradise Resort”.


Philippines: Antitrust watchdog clears Udenna’s $120m takeover of 2GO shareholder

The approval comes after both parties paid a fine for consummating the deal without clearance from the antitrust commission.


Philippine ride-hailing firm U-Hop secures investment from boxer Mayweather

Mayweather has partnered with U-Hop through his company The Money Team (TMT), which has made its first Southeast Asia investment.