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ALI market cap grows to P500 B from P42 B

Published July 24, 2021, 10:00 AM Since it’s maiden public offering 30 years ago, the market capitalization of real estate giant Ayala Land Inc. has ballooned to over P500 billion from P42 billion, making ALI among the largest companies in the Philippine Stock Exchange Index. The Philippine Stock Exchange, Inc. (PSE) and ALI have just jointly celebrated ALI’s 30th anniversary as a publicly-listed company. ALI Listing Anniversary Trading Floor photo shows from left, by row: ALI President and CEO Mr. Bernard Vincent O. Dy, ALI Senior Vice-President, CFO, Treasurer and Chief Compliance Officer Mr. Augusto D. Bengzon; ALI Chairman Fernando Zobel de Ayala, PSE COO Roel A. Refran; Securities and Clearing Corporation of the Philippines COO Renee D. Rubio and PSE Capital Markets Development Division Head Mark Frederick V. Visda.

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