Company Overview and News
THE Department of Transportation (DoTr) and the Bases Conversion and Development Authority (BCDA) will review the unsolicited proposal of the Filinvest Development Corp. (FDC) and JG Summit Holdings, Inc. (JGS) consortium for the long-term development of Clark International Airport (CIA). (5-0)
MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) and the Department of Transportation (DOTr) are set to review the unsolicited proposal of the consortium composed of Filinvest Development Corp. (FDC), JG Summit Holdings Inc. and Changi Airports International for the long-term development of the Clark International Airport. (5-0)
Rival bidders eyeing the Clark International Airport in Pampanga province were caught off guard when the consortium of Filinvest Development Corp. and JG Summit Holdings submitted a new offer to develop and operate the gateway to the tune of P839 billion. (13-0)
The Gotianun and Gokongwei groups have submitted a new unsolicited proposal to redevelop the Clark International Airport, committing to invest P839 billion or about four and a half times bigger that the capital outlays previously proposed to build an alternative international gateway to the metropolis. (27-0)
MANILA, Philippines — Two powerhouse conglomerates have teamed up to bid for the long-term development of the Clark International Airport, touted as the Philippines next major gateway to the congested Ninoy Aquino International Airport. (10-0)
FILINVEST Development Corp. (FDC) and JG Summit Holdings, Inc. (JGS) submitted a new unsolicited proposal worth P839 billion to develop Clark International Airport as the country’s second international gateway. (13-0)
The Gotianun and Gokongwei groups have submitted a new unsolicited proposal to develop the Clark International Airport through a long-term joint venture agreement that would invest P839 billion for this project. (5-0)
FIVE MORE conglomerates reported favorable results on Friday, firming a generally positive picture of listed holding companies in the third quarter and the nine months to September. (52-0)
Gotianun family-led conglomerate Filinvest Development Corp. (FDC) booked a 15 percent year-on-year growth in first semester net profit to P5.1 billion on higher earnings from its property and banking businesses.
MANILA, Philippines - Megawide Construction Corp. has expressed interest in the bidding for the engineering procurement and construction (EPC) of the Clark international airport passenger terminal.
MANILA, Philippines - Metro Pacific Investments Corp. (MPIC) is joining the planned bidding of the operations and maintenance of the Clark International Airport in Pampanga.
Intercompany advances are transactions entered into by related parties, usually for purposes of extending financial assistance to affiliates. This extension of financial assistance ordinarily puts such transactions within the ambit of borrowing and lending, and are akin to loans as defined in Art. 1933 of the Civil Code (i.e. simple loans are contracts where one party delivers to another money or other consumable thing upon the condition that the same amount of the same kind be paid).
MANILA, Philippines - The government has put on hold unsolicited proposals for new airports to serve Manila as it focuses on measures that can be undertaken immediately to address congestion at the country’s main international gateway.
Metro Pacific Investments Corp. is set to announce its largest investment in Mindanao—a major infrastructure project—appearing to buck worries that business prospects in the southern Philippine island would be hurt following President Duterte’s declaration of martial rule.
NEDA’s attached agency, the Public-Private Partnership (PPP) Center, announced it has received confirmation from the Department of Transportation (DOTr) and the Civil Aviation Authority of the Philippines (CAAP) for the termination of the bidding process. File
2017-10-28 - Wilton
2017-10-25 - Wilton
2017-10-10 - Wilton
2017-10-09 - Wilton
2017-08-25 - Wilton