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Ayala Land tops 2021 Intl Business Awards
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Vendors in Cavite form barricade amid threat of demolition
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Published May 16, 2021, 7:30 AM
The Ayala group of companies has turned over to Marinduque the province’s first and only molecular lab which is expected to drastically cut down the waiting period for COVID-19 testing.
It usually to take 7 to 14 days to wait for COVID-19 test results since these have to be done through Manila-based laboratories.
Housed within the Marinduque Provincial Hospital in the municipality of Boac, the laboratory was designed and constructed under the supervision of AC Health and Ayala Foundation, with the assistance of Makati Development Corporation, the construction arm of Ayala Land Inc.
Since the pandemic started, Marinduque depended on laboratories in Metro Manila, particularly the Research Institute for Tropical Medicine, to confirm COVID-19 cases.
Ayala Land to raise P10B from bond issuance
Published March 14, 2021 6:02pm Ayala Land Inc. is raising up to P10 billion from the offer of fixed-rate bonds, mainly to finance maturing debt and general corporate requirements. The bonds will have a four-year term and will be issued in denominations of P50,000 each as a minimum and in multiples of P10,000 thereafter, and will be traded in denominations of P10,000 in the secondary market, according to its prospectus filed to the corporate regulator. ALI tapped BDO Capital & Investment Corp., BPI Capital Corp., China Bank Capital Corp., East West Banking Corp., and SB Capital Investment Corp. as the joint lead underwriters and bookrunners for the transaction.
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