PHINMA Corporation will be conducting a stock rights offering (SRO) this year to support the Company’s investment and expansion opportunities to better improve more lives. The Company’s Board of Directors approved the offer consisting of ₱1 billion in primary common shares to be listed in the fourth quarter of 2024. “The stock rights
Filipino players raked in more titles in the second week of the PHINMA Group’s international junior tennis tournament, with victories in both singles’ and doubles’ categories. Tennielle Madis clinched her second title in the J30 PHINMA International Juniors Tennis Tournament after defeating no. 4 seed Stefi Marithe Aludo in the girls’ singles category 7-5,
The Philippines secured all championships in the first week of the PHINMA Group’s international junior tennis tournament with Filipino netters dominating the boys’ and girls’ singles finals a day after sweeping the doubles categories. On Sunday, Miguel Iglupas bagged his second championship at the J30 PHINMA International Junior Tennis Championships after defeating John Benedict
This year’s Ramon V. del Rosario Awards is poised to recognize six exceptional individuals who embody outstanding corporate citizenship and a fervent commitment to nation-building. Organized by PHINMA, Junior Chamber International (JCI) Manila (formerly Manila Jaycees, Inc.), De La Salle University RVR College of Business, and Asian Institute of Management RVR Center for Corporate
PHINMA Corporation has brought back its international tennis tournament for Filipino and foreign junior players this 2024 after a years-long hiatus since the height of the COVID-19 pandemic as the Group reaffirms its commitment to making lives better, this time through investing in youth development in sports. The J30 PHINMA International Junior Tennis Championships
Businesses must invest in projects and initiatives that strengthen the country’s food supply and agricultural productivity especially as the climate crisis continues to worsen, executives of PHINMA Corporation said in its policy forum this week. The event, titled “Achieving Food Security: Advancing Investments for Agricultural Sustainability,” gathered leaders of PHINMA and its Construction Materials
PHINMA Corporation (“PHINMA”) subsidiary Philcement Corp. (“Philcement”) announced Tuesday that it has signed joint venture agreements with Anflo Group management and investment company ANFLOCOR to build a modern cement manufacturing plant in Davao del Norte. The earlier signing is a testament to stronger business relations between the del Rosarios and the Floirendos that will bolster
A unit of PHINMA Corporation (“PHINMA”) has broken ground on a multimillion-peso manufacturing plant that will produce insulated panels in a bid to bolster the country’s food security and support Philippine agriculture amid the intensifying climate crisis. Union Insulated Panel Corporation (“UIPC” or “Union Insulated Panels”), a company part of the PHINMA Construction Materials Group
KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under which funds managed by KKR will invest in PHINMA Education, with participation from existing shareholder Kaizenvest.
PHINMA Corporation’s (“PHN”) subsidiary, Philcement Corporation (“Philcement”) signed today a Share Purchase Agreement with Petra Cement, Inc. (“Petra”). Philcement Mindanao Corporation, a subsidiary of Philcement, will pay a consideration of Php 500 million in exchange for 100% of the outstanding shares of Petra. The transaction is expected to be closed by December 31, 2024. This
PHINMA Corporation gathered its top executives and stakeholders to celebrate the Group’s 2023 successes and discuss its plans and projections for 2024 at this year’s Annual Shareholders’ Meeting, held last April 23, 2024, Tuesday, at The Fifth at Rockwell Events Hall, Makati City. “PHINMA reported consolidated revenues of 21.27 billion pesos, climbing 20% from the