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May 21, 2024
Diversified engineering conglomerate DMCI Holdings Inc. of the Consunji family has set its sights on its next acquisition targets following a recent deal to purchase a majority stake in Cemex Philippines.
May 1, 2024
DMCI Holdings Inc. is optimistic that Cemex Holdings Philippines (CHP) — the conglomerates first acquisition in 10 years and its largest investment to date — will swing back to profit as early as this year.
April 30, 2024
Engineering conglomerate DMCI Holdings Inc. said the turnaround of Cemex Holdings Philippines Inc. may happen next year due to its ongoing expansion and the synergies provided by the businesses controlled by the Consunji Group. “While cement demand is currently soft, we expect it to rebound as our turnaround plan progresses,…
April 27, 2024
DMCI Holdings, and two other companies controlled by billionaire Isidro Consunji are buying Cemexs Philippine cement business for $305.6 million.
April 26, 2024
THE Consunji Group has signed a purchase agreement with Cemex Asia B.V. to acquire its entire stake of 42.14 million common shares in Cemex Asian South East Corp. (CASEC) for $305.6 million. CASEC is the majority shareholder of Cemex Holdings Philippines Inc. (CHP), which owns 89.86 percent of its outstanding…
June 22, 2023
DENR celebrates World Environment Day with the Environment for Life media event
February 11, 2023
The Philippines is eyeing to build three or four more subway systems in Metro Manila and Cavite in partnership with the Japan International Cooperation Agency, Transportation Secretary Jaime Bautista said.
February 8, 2023
That was quite a dog show. Inflation came in still scorching hot at 8.7 percent in January even as our economic managers said last year, the number had already peaked in December.
October 17, 2022
Company celebrated with $20,000 food sustainability program
October 17, 2022
Monogram Foods, a Memphis, Tennessee-based food product manufacturer that has been long active in convenience services, has completed construction on a 135,000-square-foot facility for sandwich manufacturing, its fourth Massachusetts location, according to a press release. The company, which experienced a…