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Ayala Land removes two projects from latest reinvestment plan

Ayala Land removes two projects from latest reinvestment plan
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Camarines norteBatangas cityCavite cityMetro manilaPhilippines generalVertis plazaVareit incBureau of internal revenueLaguna technopark incEton properties philippines incAyala land incExchange commissionEton property development corpPhilippine stock exchangeQuezon cityOne vertis plaza

Ayala Land drops two projects from latest reinvestment plan

Ayala Land drops two projects from latest reinvestment plan
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Tan s LT Group earmarks nearly P10B for capex

BusinessWorld May 6, 2021 | 12:08 am By Keren Concepcion G. Valmonte LUCIO C. Tanâs LT Group, Inc. (LTG) is allocating P9.7 billion for capital expenditures (capex) this year, nearly double the previous yearâs P5-billion budget as the company expects the slow opening of the economy to âbode well for all businesses in general.â The listed holding firm is formed by Tanduay Distillers, Inc. (TDI), Asia Brewery, Inc. (ABI), Fortune Tobacco Corp., PMFTC, Inc., Eton Properties Philippines, Inc., Philippine National Bank (PNB), and Victorias Milling Co., Inc. Nearly half or P4.6 billion of the companyâs capex will be allocated for PNBâs digitalization efforts.

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LT Group doubling capex in 2021

LT Group doubling capex in 2021 enablePagination: false endIndex: Metro Manila (CNN Philippines, May 5) LT Group Inc., the conglomerate of tycoon Lucio Tan with businesses in tobacco, liquor, property, and banking sectors, is allotting a ₱9.7-billion investment on expectations that the market is set for a rebound this year. The figure is almost double the group s capital expenditures earmarked in 2020, LT Group president and chief operating officer Michael Tan said during its annual stockholders meeting on Wednesday. Spending last year was set at ₱5 billion, he noted. Breaking it down, the bulk or ₱4.6 billion of the capex has been earmarked for Philippine National Bank s digitalization program.

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