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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.…
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…
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…
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,…
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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