Property developer Ayala Land Inc. (ALI) on Wednesday said it will merge with 34 of its subsidiaries with ALI as the surviving entity. These firms, ALI said, were either wholly owned directly by Ayala Land or through AyalaLand Estates Inc. and AyalaLand Hotels and Resorts Corp. The plan of merger…
Concerns raised over potential investors being driven away by higher real property tax (RPT) in Cebu City. Business entities seek discounted fair market value, staggered implementation, and sustainable solutions. Impact on BPO industry highlighted. City Assessor explains basis for higher values. Calls to maintain discounted market value to support businesses. Proposal not yet final, subject to City Council deliberation. Ayala Land emphasizes need for sustainable increases. Clarifications on RPT revision provided. Updates to fair market value expected due to development. Forum attended by key entities.
The Ayala Group of Companies accounted for a quarter of the 32 Philippine publicly listed companies (PLCs) recognized during the recently held 2021 ASEAN Corporate Governance Scorecard (ACGS) awards.
These firms are Ayala Corporation, Ayala Land, Inc., Bank of the Philippine Islands, Globe Telecom
MANILA A total of 32 Philippine publicly listed companies (PLCs) were recognized during the recently held 2021 ASEAN Corporate Governance Scorecard (ACGS)