All the Lelong price shares from TB cluster, cheap sale will end soon... :)

More than 10mil +shares traded so early , 9.5sen only now :)

If u have excess cash, buy from desperate sellers who need cash badly now. Help them and u will be blessed soon too :)

Panick selling :)


.
Date Close
19/03/2020 0.08
18/03/2020 0.105
17/03/2020 0.12
16/03/2020 0.125
13/03/2020 0.14
12/03/2020 0.16
11/03/2020 0.17
10/03/2020 0.17
09/03/2020 0.17
06/03/2020 0.21
05/03/2020 0.215
04/03/2020 0.22
03/03/2020 0.215
02/03/2020 0.215
28/02/2020 0.215
27/02/2020 0.225
26/02/2020 0.225
25/02/2020 0.245
24/02/2020 0.24
21/02/2020 0.26

If u have cash , just help the cash poor sellers :)


People are selling everything and the common thread is they just want cash,” Reuters quoted Stuart Oakley, a Singapore-based executive with Nomura, as saying.

"People just want cash because at the end of the day, people don't know where their next revenue is coming from and they've got payments to meet. I don't think that's going to change.” Oakley said.

Transfer to Ayala habis cerita nanti haha

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
MCT BERHAD

Particulars of substantial Securities Holder
Name URUSHARTA JAMAAH SDN. BHD.
Address LEVEL 7, BANGUNAN SETIA 1,
15, LORONG DUNGUN,
BUKIT DAMANSARA,
KUALA LUMPUR
50490 Wilayah Persekutuan
Malaysia.
Company No. 201801045610 (1307642-V)
Nationality/Country of incorporation Malaysia
Descriptions (Class) ORDINARY SHARES
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 16 Mar 2020
69,918,095
Transferred Direct Interest
Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (1)
Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR.
Description of "Others" Type of Transaction
2 16 Mar 2020
19,068,571
Transferred Direct Interest
Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (ABERDEEN 1)
Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR.
Description of "Others" Type of Transaction
3 16 Mar 2020
12,712,382
Transferred Direct Interest
Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (FRANKLIN 1)
Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR.
Description of "Others" Type of Transaction
4 16 Mar 2020
19,068,571
Transferred Direct Interest
Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (MAYBANK 1)
Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR.
Description of "Others" Type of Transaction
5 16 Mar 2020
19,068,571
Transferred Direct Interest
Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (NOMURA 1)
Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR.
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred TRANSFER OF SHARES
Nature of interest Direct Interest
Direct (units) 127,412,800
Direct (%) 8.745
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 127,412,800
Date of notice 17 Mar 2020
Date notice received by Listed Issuer 19 Mar 2020


Remarks :
NAME OF REGISTERED HOLDER AND TOTAL NUMBER OF SHARES HELD AFTER CHANGE
---------------------------------------------------------------------------------------------------------

CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (1).: 12,712,381

CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (ABERDEEN 1).: 19,068,571

CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (AFFIN 1).: 25,424,762

CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (FRANKLIN 1).: 12,712,382

CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (MAYBANK 1).: 19,068,571

CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (NOMURA 1).: 19,068,571

CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (PRINCIPAL 1).: 19,357,562

GRAND TOTAL : 127,412,800

Announcement Info
Company Name MCT BERHAD
Stock Name MCT
Date Announced 19 Mar 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-16032020-00381

Ada cash just buy, total value traded only few hundred Iringgit, sold by desperate traders or investors, they need cash to survive, etc :)

MCT, targeting rm250k-750k product offerings and also landed properties too in addition to apartments :)

Sales-wise, Maybank IB said Mah Sing and SP Setia’s 2019 actual sales were within its expectations, while Sime Darby Property, Sunway and Tambun Indah achieved better-than-expected sales thanks to the National Home-ownership Campaign last year, as well as overseas projects.

“From our discussions with developers, we understand that most of their sales were derived from affordable landed products priced below RM1mil. Elsewhere, UEM Sunrise’s 2019 locked-in sales were below our expectations.”

Reasons for grabbing MCT shares now:

1) now trading at discount of more than 80% to its book value, What this means is that it is actually cheaper to invest in MCT than the actual land bank or properties.;
2) The market will turn around ultimately;
3) have a strong balance sheet may not face cash flow problems (ultimate holdings co owns the 2nd largest bank BPI in the Philippines and advanced hundred of millions to mct now and no need to use local banks for financing, etc, lower cost of capital, etc;
4) adjusting to mass-market affordable housing, RM250K to RM750K only;
5) healthy balance sheets to further replenish their land bank and take advantage of attractive prices;
6) have niche product offerings with expertise in planned townships, malls, offices and apartments/condos;
7) Able to tap into the Philippines market with the Ayala brand; and
8) Lastly, privatisation*** :)

Ayala JUST KAOTIM THESE 3 substantial shareholders, habis cerita :)

Citigroup Nominees (Tempatan) Sdn Bhd
- Exempt An for AIA Bhd.
48,536,800 3.33%


Lembaga Tabung Haji / URUSHARTA JAMAAH SDN. BHD.
127,412,800 8.75%

Kumpulan Wang Persaraan (Diperbadankan) 36,934,700 2.53%

Ayala should sapu MCT shares in the open market or use MCT to buyback MCT shares in the open market before kaotim TB, AIA and kwap for their stakes :)

Total issued shares = 1,457 Million

Net assets per share = 62.57sen

if ayala offers 50% of the net assets per share, total amount to be forked out by Ayala:

27.69% x 31.285sen x 1457 mil shares ~RM126mil only :)


Examples of amount paid by Ayala:

2015: 9.16% stake at RM1.28 per share = total amount ~RM181mil
2018: 17.24% from Goh ar 88sen per share = total amount ~RM221mil
2018: 22.12% via mandatory takeover offer at 88sen per share=total amount~RM284mil

Ayala paid for MCT shares:

1) 2015: 9.16% stake at RM1.28 per share;
2) 2015: 23.79% at various prices per share;
3) 2018: 17.24% from Goh ar 88sen per share;
4) 2018: 22.12% via mandatory takeover offer at 88sen per share.

Total stake now ~ 72.31%


Ayala should make another offer now for the remaining 27.69% not owned yet... The best time is now, aia, TH & kwap might be more willing to accept even at a much lower price than 88sen :)

delist and relist at a more opportune time in future :)

in 2018, ayala offered 88sen per mct share was not successful. It had made an offer of 88 sen a share to the minority shareholders. However, Kenanga Investment Bank Bhd has advised the minority shareholders to reject the takeover offer, as the offer price was a discount of 50 sen or 36.23% over the estimated fair value per MCT share of RM1.38. It described the offer as “not fair”.

Ayala should reoffer it now but at much lower price than 88sen i guess :)


PETALING JAYA: The Philippines’ Ayala Land has raised its stake in property company MCT Bhd to 72.3% or 669.92 million shares at the end of the takeover offer which ended on Monday.

According to CIMB Investment Bank, Ayala Land had received acceptances for 295.27 million shares or a 22.12% stake.

Ayala Land had, through Regent Wise Investments Ltd, launched an unconditional mandatory takeover offer when it emerged with 50.19% following a corporate exercise.

It had made an offer of 88 sen a share to the minority shareholders. However, Kenanga Investment Bank Bhd has advised the minority shareholders to reject the takeover offer, as the offer price was a discount of 50 sen or 36.23% over the estimated fair value per MCT share of RM1.38. It described the offer as “not fair”.

To recap, Ayala Land first emerged in MCT in April 2015, soon after MCT’s listing on Bursa Malaysia. It took up a 9.16% stake, which was part of a placement of shares at a price of RM1.28 apiece.

Six months later, it bumped up its shareholding in MCT to 32.95%.

In early January, Ayala Land emerged as a major shareholder in MCT. Through its unit Regent Wise Investments, it signed a share purchase agreement with Tan Sri Goh Ming Choon, a major shareholder in MCT, to buy 230.12 million shares or 17.24% for RM202.5mil cash, or 88 sen per share.

This brought Ayala Land’s holdings to 50.19% and firmly indicated its control of the local property developer.

Ayala Land is the biggest property developer in the Philippines. Its market capitalisation on the Philippine Stock Exchange is about RM53.69bil.

So now, Ayala could start to increase its stake in MCT through buying from the open market or share buyback by MCT and then cancel the treasury shares :) Good !!!!



Philippines' Ayala Land now controls 72.3% of MCT | The Star ...www.thestar.com.my › business › business-news › 2018/02/21 › phili...
Feb 21, 2018 - PETALING JAYA: The Philippines' Ayala Land has raised its stake in property company MCT Bhd to 72.3% or 669.92 million shares at the end of the takeover offer which ended on Monday. According to CIMB Investment Bank, Ayala Land had received acceptances for 295.27 million shares or a 22.12% stake.

​
more and more smaller shareholders invested in mct now :)

Shareholdings spread issue resolved :)

The Board of Directors of MCT wishes to announce that based on the Record of Depositors of the Company as at 16 March 2020, the Company’s the public shareholding spread is 25.009%.



Accordingly, the Company has complied with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements.



This announcement is dated 16 March 2020.


Rule 8.02(1) of the Listing Requirements provides that a listed corporation must ensure that at least 25% of its total listed shares (excluding treasury shares) or such lower percentage of shareholding spread as may be allowed by the Exchange are in the hands of public shareholders

Yesterday total value traded only rm700k+ only :)

Date Close Volume
16/03/2020 0.125 6,206,100
13/03/2020 0.14 7,842,200
12/03/2020 0.16 3,079,200
11/03/2020 0.17 8,695,300
10/03/2020 0.17 4,624,500
09/03/2020 0.17 4,158,100
06/03/2020 0.21 1,725,700
05/03/2020 0.215 2,159,100
04/03/2020 0.22 2,183,900
03/03/2020 0.215 2,465,100
02/03/2020 0.215 2,516,800
28/02/2020 0.215 2,314,100
27/02/2020 0.225 2,240,500
26/02/2020 0.225 5,706,700
25/02/2020 0.245 2,539,900
24/02/2020 0.24 5,081,100
21/02/2020 0.26 3,009,300
20/02/2020 0.265 7,207,600
19/02/2020 0.27 4,180,100
18/02/2020 0.28 3,366,500

airasia, apa macam?

KUALA LUMPUR (March 16): Malaysia Airlines Bhd has warned that travel bans and plummeting demand around the world due to the coronavirus (Covid-19) outbreak have put many global airlines at risk of going bankrupt including the loss-making national carrier.

"The situation has deteriorated rapidly over the weekend forcing stricter travel restrictions by governments around the world, hence posing greater challenges in our operations," Malaysia Aviation Group (MAG) group chief financial officer Boo Hui Yee said in an internal email to Malaysia Airlines' 13,000 staff today.

"Demand has plummeted and passengers are jamming our global contact centre and social media accounts to cancel bookings, putting us in a critical situation. Many airlines are now at the risk of going bankrupt and Malaysia Airlines is no different," she added.

On March 5, Covid-19 claimed its first airline casualty when British airline Flybe, which was already in serious financial trouble, was reported to have gone bankrupt. Major airlines like United Airlines, Korean Air and Mexican airline Interjet have also recently warned that the Covid-19 outbreak could force them out of business.

In a report released today, the Centre for Asia Pacific Aviation (CAPA) estimated that by the end of May, most airlines in the world will be bankrupt.

"As the impact of the Covid-19 and multiple government travel reactions sweep through our world, many airlines have probably already been driven into technical bankruptcy, or are at least substantially in breach of debt covenants," it said, noting that coordinated government and industry action is needed now if catastrophe is to be avoided.

To ensure Malaysia Airlines could sustain itself through this critical time, Boo said more hard decisions will have to be taken by the airline soon.

"On the local front, we are facing political uncertainty which has caused volatility in foreign exchange. Coupled with oil price slump, the ringgit has weakened against the US dollar. This has resulted in higher cost for us, which further exacerbated the critical financial situation which we are in due to slump in travel demand and sales," she said in the email.

"Our immediate priority is to stem losses, save cash and sustain the business against the highly 'changeable' uncertainty of the Covid-19 pandemic.

“Drastic actions have been taken to ensure sustainability of cashflow for the business and this includes capacity management, deterring non-critical spend, seeking vendors' concessions, freezing of discretionary spend and cost cutting in many areas,” said Boo.

Malaysia Airlines employees are also urged to take the Voluntary Unpaid Leave Programme.

Last week, the airline offered all employees the option of taking three months of no-pay leave or five days of no-pay leave per month for at least three months, starting April. The voluntary unpaid leave programme is extended to employees employed by subsidiaries of MAG such as MAB Kargo, MAB Engineering, Firefly and MASwings.

Malaysia Airlines also announced a 10% pay cut for its senior management including its group CEO Captain Izham Ismail as part of measures to lower operational costs. They will also forgo their allowances.

To date, Malaysia Airlines has cancelled more than 2,000 flights up to April due to travel restrictions imposed by countries within its network.

Malaysia Airlines, which is wholly owned by Khazanah Nasional Bhd, narrowed its net loss by a marginal 2.5% to RM791.71 million in the financial year ended Dec 31, 2018 (FY18) from RM812.11 million in the previous year, as revenue improved by a slight 0.8% to RM8.74 billion from RM8.67 billion in FY17.

Other international airlines such as Singapore Airlines, Cathay Pacific, British Airways, Lufthansa, Emirates, Virgin Atlantic and EasyJet are also cutting capacity and salaries and offering staff unpaid leave to counter the impact of Covid-19.

anyway, hope that ayala will talk to TH, AIA and KWAP, offers a reasonable price to privatise it. relist later or get another local conglomerate like simeprop to work together if not delist and relist later :)

In the Philippines, listed companies like to reward shareholders through share buyback like in USA, not dividend. So, share buyback is very likely to be carried out by Ayala soon. Increase in Share price, capital gain better than dividend which is subject to tax :)

Retained earnings rm435mil, just allocate rm5-10mil for share buyback from time to time , the share price could recover speedily. :)
16/03/2020 2:38 PM

Agreed. Ayala's MCT is one of these stocks.

Given the potent combination of political and economic risks, what kind of strategy should investors adopt to ride out the storm? The answer is obvious — it is time to play defensive.

TA Investment Management chief investment officer Choo Swee Kee advises investors to be defensive and cautious in investing, given the uncertainty in the market now.

“We recognise that in every crisis there are both risks and opportunities. We would adopt a strategy of cautious investing with a focus on value and fundamentals. Only during a crisis would you get the opportunity to buy fundamentally strong stocks at bargain prices,” he tells The Edge.

“At this point, we feel that it is not appropriate to invest based on sectoral selection. We believe it is better to be stock-specific and cherry-pick based on individual companies’ fundamentals and future prospects.”

@eddy888 buy & keep
16/03/2020 2:03 PM

drop more grab more. daily total traded very small.... merely fearful traders let go :)

13/03/2020 0.14 7,842,200 = RM1.09mil
12/03/2020 0.165 3,079,200 = RM508K
11/03/2020 0.17 8,695,300 = RM1.47mil
10/03/2020 0.16 4,624,500 = RM739K
09/03/2020 0.20 4,158,100 = etc
06/03/2020 0.21 1,725,700
05/03/2020 0.22 2,159,100
04/03/2020 0.215 2,183,900
03/03/2020 0.22 2,465,100
02/03/2020 0.215 2,516,800
28/02/2020 0.22 2,314,100
27/02/2020 0.225 2,240,500
26/02/2020 0.235 5,706,700
25/02/2020 0.235 2,539,900
24/02/2020 0.24 5,081,100
21/02/2020 0.26 3,009,300
20/02/2020 0.275 7,207,600
19/02/2020 0.28 4,180,100
18/02/2020 0.29 3,366,500
17/02/2020 0.28 4,958,900

Ayala or ayala's friendly biz partner could approach TB for the remaining stake. Good opportunity for Ayala indeed :)

Nature of interest Direct Interest
Direct (units) 130,959,100
Direct (%) 8.988
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 130,959,100
Date of notice 11 Mar 2020
Date notice received by Listed Issuer 13 Mar 2020

A blessing in disguise. Shareholdering issue should have been resolved now. TH wanted to exit, Ayala just need to kaotim AIA and kwap for privatisation now , much easier :) also, Ayala can carry out share buyback as more shares in the open market. :)


@valensi88 Anothet throw by TH
13/03/2020 5:43 PM

value investors will reap the rewards :)

CASH AND CASH EQUIVALENTS AT END OF YEAR/PERIOD RM427,764,000 as at 31/12/2019

Retained earnings/profits = RM435,322,000 as at 31/12/2019

1,457mil shares issued

Cash per share ~29.36sen

Retained profits per share (can be distributed as share or cash dividend anytime) ~ 29.88sen

Current price so low..

For value investing, this is the stock to grab as many as possible from short term or fearful traders now.


:)

Happy Investing!

Few months later u will regret that u didn't buy more now from
The frightened traders :)

Substantial shareholders pegang syer ketat2. Few hundred thousand Ringgits in value traded only . Traders sold, investors sapu :)

Feel safe to invest with Ayala, more than 100 years old, won many awards, etc. Happy to be a shareholder of Ayala MCT :)

Not short term trader :)

Ayala is the most prestigious developer or brand for all types of properties including malls in the Philippines. Mat salleh design, etc :)

I trust the oldest and biggest conglomerate in the Philippines run by Spanish Filipino than local companies :)

Just transfer of shares from traders to investors currently , substantial shareholders just Pegang syer tight tight :)

Yup, investor for mct not trader :)

When substantial shareholders increase their stakes by just few million ringgits , back to 30-40sen easily, mark my words :)

Grab more. Total value traded only few hundred thousand ringgits saja, bererti substantial shareholders pegang ketat2, jualan Dari ikan2 bilis Saja :)

Focus on the truth, it is wrong , highlight it :)

Tak tau perlu government bailout macam mas tak? :)

KUALA LUMPUR (March 12): Malaysia Airlines will temporarily suspend flights between Kuala Lumpur and Seoul until March 31 due to the Malaysian government’s decision to impose travel restriction on Iranian, Italian and South Korean nationals effective tomorrow (March 13) amid the global Covid-19 outbreak.

In a statement, Malaysia Airlines said Malaysians returning from Iran, Italy and South Korea will be subjected to a compulsory 14-day quarantine.

"Due to the restrictions, Malaysia Airlines will be temporarily suspending its 12x weekly service between Kuala Lumpur and Seoul, until March 31, 2020.

"Malaysia Airlines will operate its last flights on March 12, 2020 via MH66 from Kuala Lumpur to Incheon (International Airport) and the return leg MH67 on March 13, 2020 from Incheon (International Airport) to Kuala Lumpur,” Malaysia Airlines said.

Incheon is a South Korean city bordering the country’s capital Seoul.

Malaysia Airlines said passengers affected by the cancellation are entitled to request for an alternative travel date until Dec 13, 2020.

The airline said passengers can also "request for a full refund, or opt to be rerouted to other destinations within Greater China (Shanghai, Beijing, Guangzhou, Hong Kong or Xiamen) or Japan region (Narita and Osaka)".

80sen+ sudah :p

mct gets funding from its ultimate holdings company ayala corp which owns the second largest bank called BPI in the philippines. the safest property stock in malaysia probably.. During this time, safer to part your money with solid companies without cash flow problem and also profitable like MCT... a subsidiary of the largest and oldest conglomerate in the Philippines :)

Trading Volume today
3,054,200 shares traded ~ total value traded RM400,000+++ small value only... shareholders were holding the shares. :)

.. it showed investors were holding the shares tight tight :) only desperate traders or short term retailers are selling :)

Date Close Volume RM
11/03/2020 0.17 8,695,300 RM1.4mil+
10/03/2020 0.17 4,624,500 RM786,000+
09/03/2020 0.17 4,158,100 RM706,000+

have unused money and able to hold longer term, mct is one of the jewels :)

consider steady today... thailand sotck exch fell 10%, then suspended// WHO announced pandemic.... many traders lari, takut.... act as investors relook 1-2 years later . continue to add monthly.... strongly believe ROI will be realised

@Superb99 every day drops 1.5 to 2 cents, superb........
12/03/2020 4:27 PM

Ayala group, a respected spanish Filipino conglomerate should know how to reward shareholders :)

AGM in June usually. Question them why didnt they use the retained earnings and cash ~rm400mil + to buyback shares? Vincent tan of bjland just continued buy although also got shareholdings issue.

Also share or cash dividend payout if no privatisation

:)

Pls assess any assets of MCT can be turned into REITs :)

FEB 13, 2020
Ayala Land continues to expand in new growth centers
For the second consecutive year, Ayala Land, Inc. (ALI) surpassed its P100 billion capital expenditure (CAPEX) target as it continued to invest in new mixed-use developments across the country. CAPEX in 2019 reached P109 billion equivalent to 64% of gross revenues.
“We continue to serve new areas in the country and reach out to a broader market with more affordable products. This is in line with our mission to enrich the lives of more Filipinos. Furthermore, we continue to invest in all our existing estates which help spur economic activity in their respective localities,” said Bernard Vincent O. Dy, ALI President and CEO.

New project launches
ALI launched P158.9 billion worth of property development projects and P15.1 billion in malls, offices, and hotels resorts in 2019 as it continued on its thrust to build sustainable, integrated, mixed-use communities across the country.

The company also continues to extend its reach to serve the broader housing market. Its Avida, Amaia and Bellavita residential brands delivered 11,476 units in 2019 and have, over the last five years, increased its delivered units by 28% year on year.

Among ALI’s major launches for the year was Cresendo in Tarlac – ALI’s 29th estate to date. The company invested P18 billion to develop the 290-hectare “new downtown” in Tarlac, which is three kilometers from the Subic-Clark-Tarlac Expressway (SCTEX) and MacArthur Highway. A 32-hectare industrial park for light to medium industries and a commercial row of shophouses are poised to jumpstart local business and employment in the area. To promote skills-building among Tarlac’s young population given the potential employment opportunities, a Don Bosco Technical and Vocational School is set to open by 2025.

The company also launched the 120-hectare Broadfield which was planned as a new commercial and industrial district in Binan, Laguna. Seeing potential in enhancing fully built-up areas with smaller community hubs, ALI also introduced The Junction Place, an 11-hectare pocket urban development located in the Novaliches-Quezon City area.

Job Creation
ALI’s developments nationwide have contributed to sustaining existing construction jobs and creating new employment opportunities. Jobs related to construction activities totaled over 60,000 in 2019. Based on previous reports by the company, the impact of its developments generates an estimated 200,000 direct and indirect jobs.

Financial and operating results
Ayala Land’s net income grew 13% to P33.2 billion while total revenues reached P168.8 billion, a 2% increase driven by office, and commercial and industrial lots sales, and supported by higher contributions from new leasing formats.

Property development revenues reached P117.6 billion while sales reservations amounted to P145.9 billion, 3% higher than last year as ALVEO and Avida brands registered growth in reservations. Meanwhile, newly opened malls, offices and hotels drove the expansion in commercial leasing revenues which increased 13% to P39.3 billion.

Shopping center revenues grew 11% to P22 billion on the back of increased contributions from Ayala Malls Feliz, Capitol Central and Circuit Makati. ALI opened three new shopping centers during the year with a total gross leasable area (GLA) of 213 thousand sqm, increasing its malls footprint to 2.12M sqm.

Office revenues totaled P9.7 billion, a 12% uplift from the improved performance of office assets in Ayala North Exchange, Vertis North, and Circuit Makati. Total office GLA reached 1.17M sqm from the completion of Ayala North Exchange BPO Tower, Manila Bay BPO Tower and Central Bloc Corporate Center 1 in Cebu.

Meanwhile, revenues from hotels and resorts advanced 19% to P7.6 billion on strong patronage of Seda Ayala Center Cebu and Seda Lio. 797 rooms were opened to the public this year bringing total hotel and resort rooms to 3,705.

REIT pioneer
Ayala Land, through its real estate investment trust (REIT) vehicle AREIT, Inc., became the first Philippine company to file for listing at the Securities and Exchange Commission last February 7, 2020. This move reflects the company’s commitment to provide Filipinos with options to invest in high-quality, income-generating assets. ALI’s initiative to establish the first REIT reflects its confidence in the local economy, and with it hopes to pave the way for the development of a healthy and sustainable REIT market in the country.

Bring such concept here too :)

FEB 04, 2020
Ayala Land Offices opens 2nd coworking space in Makati CBD

Clock In Ayala North Exchange’s doors are open to various end-users—from students, freelancers, and creatives to start-up entrepreneurs and multinational corporations.

MANILA, Philippines — With the changing times beginning to unfold before us, flexible workspaces will continue to complement the way we work and conduct businesses.
“2019 will be a defining year for the flexible workspace sector in the Asia Pacific, as it emerges from a period of impressive expansion to enter a new phase of maturity and evolution,” reported global real estate service company Colliers International in its Flexible Workspace Outlook in 2019.

“With tenant experience becoming the cornerstone of a commercial real estate strategy, operators will raise the bar for design and innovative amenities, transforming flexible workspaces into lifestyle destinations in their own right,” the report also shared.

Colliers said that it is clear that the growing number of flexible working spaces in the Asia Pacific should contribute to the vibrancy of the region’s commercial real estate markets throughout 2019, and for years to come.

The global real estate service company noted key trends in the market: amenities to become part of the building fabric, design to scale new heights, products to push the boundaries, and consolidation set to pick up. Ticking all these boxes is Ayala Land Offices’ (ALO) Clock In.

Ayala Land’s office leasing arm first entered the flexible workspace landscape in March 2017 with a Clock In center at the penthouse of the Makati Stock Exchange Building.

“We saw the need for flexible workspaces, and since Ayala Land has the largest inventory of office spaces in the country, we created a product that can address the need for large corporations as well as small to medium-sized enterprises. Clock In fosters innovation, collaboration, and synergies with its spaces. With flexible lease terms, it can cater to the needs of both multinational companies and start-up companies alike. Our breakout areas are ideal spaces for members to collaborate and exchange ideas,” Carol Mills, president of ALO, told The STAR, adding that the coworking seats are available for daily and even hourly use.


Clock In also has monthly events called After Hours, where notable speakers share their expertise on various topics from business talks to personal interests.

In three years, Clock In has successfully opened eight centers in major business districts in Makati City, Quezon City, Bonifacio Global City, Pasig City, Alabang, as well as budding locations outside the metro, such as in El Nido, Palawan.

Recently, it opened its second hub in Makati, on the third floor of The Shops at Ayala North Exchange. It is the biggest center yet suitably set at the heart of Makati Central Business District (CBD) and key gateways, Ayala and Sen. Gil Puyat Avenues. It is also connected by an elevated walkway to Ayala Center and the rest of Makati CBD.

“Everybody wants to be in the center of everything. Most people want to work close to where they live. Here in Clock In Ayala North Exchange, our center is located within a mall where we have restaurants and more. There are also residential areas nearby. It is also important to have access to everything that you need. Makati CBD is a walkable city so you’ll avoid being stuck in traffic. This can translate to having more time for quality work, and more importantly, have more time to be with your family or friends,” Lala Comia, general manager of Clock In, said about the newest location.


Its strategic location widely opens Clock In Ayala North Exchange’s doors to various end-users—from students, freelancers and creatives to start-up entrepreneurs and multinational corporations. “Our tenants are a mix of individuals, small and big companies, and we love the fact that they are forming synergies and partnerships with each other. What they like is that they can interact with different business groups and get fresh perspectives. This is something we aim to foster in all our centers,” Comia said. Following the lead of its other well-engineered centers, it runs a streamlined pop art design to boost and balance comfort, productivity and collaboration among workers. Backed by innovative architecture, the 1,515-square-meter space has private office suites, coworking spaces conducive to any working style, reliable virtual office plans, fully-equipped meeting rooms, breakout areas, and an event space ideal for various types of gatherings.


Evolving from the traditional office environment, Clock In Ayala North Exchange also has a pantry with unlimited coffee and tea, napping pods, a gaming area with board games, even stationary bikes. Catering to every need, it offers high-speed internet, admin and IT services, and office maintenance to help businesses run smoothly.

Ayala can promote MCT to the institutional investors in the Philippines, etc too :)

I guess Ayala has not started it yet :)

Ayala advanced few hundred million Ringgits to MCT as per the FS @ 31.12 2019 maybe preparing to take MCT private :)

More n more institutional investors in addition to AIA, kwap, tabung Haji , etc soon as they get to know more about Ayala :)


OCT 14, 2019
Ayala Land is Institutional Investor’s most honored company in the Philippines
For the second year in a row, Ayala Land, Inc. (ALI) has been named Institutional Investor’s Most Honored Company in the Philippines in its 2019 All-Asia Executive Team survey. The awards cite the top companies around the world for their corporate leadership and investor relations expertise, as voted on by the buy and sell-side analyst community.

ALI ranked Best in Environmental, Social and Governance (ESG) and Socially Responsible Investment (SRI) Reporting, and Best in Corporate Governance, while Mr. Augusto Bengzon was named Best CFO. In addition, the global financial community ranked ALI among the top in the categories of Best CEO, IR Professional and IR Company.

A total of 1,862 buy-side individuals and 629 sell-side analysts participated in the 2019 All-Asia Executive Team Honored Companies survey. The 1,611 companies nominated across 18 sectors this year were rated on core areas that focused on accessibility of senior executives, IR team capabilities, timely disclosures and responses, corporate governance, and ESG/SRI reporting among others.

“We thank the investment community for their continuing trust and confidence. This year’s survey results only encourage us to further improve on our Environmental, Social, Governance and Investor Relations initiatives to be at par with, if not exceed, global best practices”, said ALI Chief Finance Officer Augusto D. Bengzon.

Institutional Investor has been a leading international business to business publisher for over 50 years now, remaining focused primarily on international finance through premium journalism, newsletters and research. It also runs conferences, seminars and training courses and is a provider of electronic business information through its capital market databases and emerging markets information service.

Ayala Land was recognized as the Most Honored Company by Institutional Investor in its 2018 All-Asia Executive Team survey. Moreover, it topped last year’s survey for Best Investor Relations Company and Best CFO, and ranked highly in the ESG/SRI Metrics, Corporate Governance and Analyst Days lists.