AEV posts P2-billion net income for 1st quarter of 2020

Irene R. Sino Cruz 04/30/2020

CEBU CITY, Philippines — Although the coronavirus 2019 outbreak has adversely affected the country’s economy, the Aboitiz Equity Ventures Inc. (AEV) still generated P2-billion net income for the first quarter of 2020, an emailed company statement revealed.…

AEV to issue first-ever dollar denominated bonds to finance offshore expansion

Irene R. Sino Cruz 01/13/2020

CEBU CITY—The Aboitiz Equity Ventures Inc. (AEV) aims to raise $400 million through the issuance of its fixed rate, US dollar-denominated unsecured notes. The issuance of the notes will be made through AEV International PTE Ltd., its…

Aboitiz Equity Ventures assets stand at P576-B as it marks 25th year with PSE

Irene R. Sino Cruz 11/23/2019

CEBU CITY, Philippines — The Aboitiz Equity Ventures (AEV) total assets grew 66 times since it joined the Philippine Stock Exchange (PSE) in 1994. AEV marked its 25th year with the PSE Friday, November 22, during a…

Sabin Aboitiz to take AEV helm in 2020

Inquirer.net 12/12/2018

Conglomerate Aboitiz Equity Ventures (AEV) unveiled on Wednesday a succession program that will put Sabin Aboitiz at the helm as Erramon Aboitiz will retire as president and chief executive officer effective Jan. 1, 2020. Enrique Aboitiz, 64,…

AEV nets P17.3B in first nine months of 2018

Inquirer.net 11/08/2018

Conglomerate Aboitiz Equity Ventures Inc. (AEV) recorded a 9 percent year-on-year increase in its nine-month net income to P17.3 billion due to gains from its power, food, and property businesses. “We welcome the gains posted by our…

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