AREIT IPO priced at P27 per share

Ayala Land-sponsored AREIT Inc., the first real estate investment trust (REIT) to debut on the local stock exchange, has priced its initial public offering at P27 per share. This finalizes the size of this landmark REIT offering at P13.57 billion. The final price was reduced from the indicative maximum price of P30.05 per share. AREIT […]

KidZania Manila to close by Aug 31 this year

MANILA, Philippines – ABS-CBN Corp. is permanently closing down the KidZania Manila children’s theme park in Bonifacio Global City by the end of August 2020, ending a five-year run. The company said in a stock exchange filing on Wednesday the end of operations was due...