^
+ Follow CENTER AND CONVERGYS Tag
CENTER AND CONVERGYS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 305797
                    [Title] => ALI acquires Makati property firm via P588-M share-swap deal
                    [Summary] => Property giant Ayala Land Inc. (ALI) has entered into a property-for-share swap with Crans Montana Property Holdings Corp. in a deal valued at P587.6 million.


In a disclosure to the Philippine Stock Exchange, ALI said it acquired 11.75 million shares in Crans Montana the registered owner of several properties along Sen. Gil Puyat Avenue and Malugay St. in Makati in exchange for the transfer to Mercator Securities Corp. of its 11.04 million shares in Oxbury Realty Corp.
[DatePublished] => 2005-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 299922 [Title] => ALI to issue P500-M exchangeable bonds [Summary] => Property giant Ayala Land Inc. will issue P500-million worth of exchangeable bonds through a public offering to fund operations.

In a disclosure to the Philippine Stock Exchange, ALI said the bonds will be priced at fixed value and will have a three-year maturity. The ratio and price of conversion were not disclosed.

ALI senior vice-president and chief finance officer Jaime Ysmael said proceeds from the offering will be used to fund general corporate expenses.
[DatePublished] => 2005-10-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 283682 [Title] => Ayala Land expects double-digit growth in H1 [Summary] => Property giant Ayala Land Inc. expects to post a double-digit growth in its profit and revenues for the first half this year on strong performance from leasing operations, brisk real estate sales, and improved contributions from the MRT-3.

ALI senior vice-president Jaime Ysmael said the company is doing well in the second quarter as it continues to pursue growth opportunities in new markets.
[DatePublished] => 2005-06-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 275856 [Title] => ALI sets up new unit to cater to OFWs [Summary] => Property giant Ayala Land Inc. (ALI) has set up a new company to market its products to overseas Filipino workers (OFWs), a move seen to further expand sales coverage and boost profitability.

In a filing with securities regulators, ALI senior vice-president Jaime Ysmael said Ayala Land International Sales Inc. would contribute to the growth in sales volume by tapping the large overseas Filipino market.
[DatePublished] => 2005-04-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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