The Consunji Group is entering the cement manufacturing industry through the acquisition of Cemex Asian South East Corp. (CASEC), the majority owner of listed Cemex Holdings Philippines Inc. (CHP), for $305.6 million.
DMCI Holdings Inc. of the Consunji family, along with its parent firm Dacon Corp. and Semirara Mining and Power Corp., signed a share purchase agreement Thursday with Cemex Asia B.V. to acquire its 42,140,266 common shares in CASEC.
“Cement...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has asked interested parties the join the public bidding for the sale of a large...
Finance Secretary Carlos Dominguez III has ordered the Social Security System, Government Service Insurance System, and Philippine Health Insurance Corp. to fully comply with...
SM Markets Inc. of the Sy Group said Friday it launched a smaller store format for Savemore to accelerate store expansion.
Savemore Express, a smaller...
