This year punya appointments :)

MCT Bhd announced Apollo Bello Tanco's redesignation as executive director and appointment as chief operating officer of the property developer.

MCT also announced Susan Jacob Secreto's appointment as chief financial officer.

Tanco was redesignated to executive director from non-executive director of the group.

in good hand, ayala land tak akan bagi mct mampus :)

Dulu Lembaga tabung haji pun ada beli banyak mct punya syer... sudah pindahkan kepada agensi kerajaan pada 28 Disember 2018 :)

5182 MCT MCT BERHAD
Notice of Person Ceasing (Section 139 of CA 2016)

Particulars of Shareholder 39

Name : LEMBAGA TABUNG HAJI
NRIC/Passport No./Company No. : ACT5351995
Nationality/Country of Incorporation : Malaysia

Address:
201 Jalan Tun Razak 50400 Kuala Lumpur Wilayah Persekutuan Malaysia

Descriptions (Class and Nominal Value):
Ordinary Shares


Name and Address of Registered Holder:
Lembaga Tabung Haji201, Jalan Tun Razak,50400 Kuala Lumpur.


Details of Changes

Date of Notice : 28/12/2018

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 28/12/2018 Disposed 0 -


Circumstances by reason of which change has occurred:
Transfer of shares to Urusharta Jamaah Sdn. Bhd. as a result of therestructuring exercise - 133,480,000 units.

Nature of Interest:
Direct Interest

Consideration:



No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 0 shares

Remarks:
You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



28/12/2018 07:00 AM

Romeros get controlling stake in PH unit of AirAsia
Author: Tan KW | Publish date: Thu, 10 Oct 2019, 1:04 PM

The family of businessman and Rep. Michael “Mikee” Romero has obtained a controlling stake in budget carrier AirAsia Philippines, the country’s third-largest airline.

Romero-led F&S Holdings acquired the shares held by Antonio Cojuangco, a businessman and part owner of the Okada Manila integrated casino, F&S chair Sheila Romero said on Wednesday.

She said F&S bought Cojuangco’s TNR Holdings, owner of a 15.6-percent stake in AirAsia Philippines, giving the Romeros 60 percent of the low cost carrier (LCC).

“It’s a done deal,” she told reporters as the company inaugurated its new headquarters in Terminal 3 of the Ninoy Aquino International Airport. She, however, declined to share details such as the acquisition price, saying this was covered by a confidentiality agreement.

She said the investment was for the long-term and a “no brainer” given the carrier’s growth prospects and despite competition from larger local rivals Philippine Airlines and Cebu Pacific, which was also an LCC.

Romero said revenues in 2019 were likely to hit P29 billion, up by about 50 percent, adding that the figure could clear the P50 billion mark in about two years. Moreover, the carrier is looking at booking P2 billion in net operating income, reversing a loss in 2018.

AirAsia Philippines CEO Ricardo Isla said the airline was already a leader in local destinations such as Caticlan, Kalibo, Tacloban and Puerto Princesa.
AirAsia Philippines is part of Malaysia’s Air Asia Group, one of the region’s largest budget airlines with 150 destinations and over 270 planes. Cojuangco was the last of the original Filipino partners that joined forces with AirAsia’s founders Tony Fernandes and Datuk Kamarudin Meranun to establish AirAsia Philippines almost a decade ago.

The Romeros, which also have interests in power and ports, have consolidated control as AirAsia Philippines undergoes a capital restructuring ahead of a potential initial public offering (IPO).


Read more: https://business.inquirer.net/280660/romeros-get-controlling-stake-in-ph-unit-of-airasia

AirAsia most positively talked about among young Malaysians, finds YouGov
Author: Tan KW | Publish date: Thu, 10 Oct 2019, 1:05 PM

AirAsia has come out on top as the most positively talked about brand among young Malaysians for the second year in a row, with a score of 84.9 out of 100, according to data from YouGov NextGen brand rankings.

Coming in at a close second was Shopee with a score of 84.1, followed by McDonald’s (79.4), KFC (78.8), and Lazada (75.1). Meanwhile, social media brands also made their mark in the top 10 list, with Facebook coming in at sixth (74.8), WhatsApp in eighth place (73.7), and Instagram in ninth (70.4).

AirAsia (Neutral, TP: RM1.89): Philippines AirAsia delays IPO to 2020 or 2021 . The Philippine unit of AirAsia is postponing its IPO to next year or 2021 as it focuses on corporate reorganisation and seeking funds from existing shareholders, its chairman Joseph Omar Castillo said. "According to our estimated timeline, we are looking at the 3Q next year to 1Q of 2021," Castillo said, adding another major consideration would be a good performance of the stock market. (The Edge)

Dont miss the boat, direct biz transactions :)

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share
03/10/2019 00:00:00 0.2200 0.0200 320,210 320,210 70,446 70,446 0.2200 0.0220 -
19/09/2019 00:00:00 0.2200 -0.0050 7,810 62,480 1,718 13,745 0.2200 0.0005 -
19/09/2019 00:00:00 0.2200 -0.0050 15,620 62,480 3,436 13,745 0.2200 0.0011 -
19/09/2019 00:00:00 0.2200 -0.0050 39,050 62,480 8,591 13,745 0.2200 0.0027 -
13/06/2019 00:00:00 0.3300 -0.0050 4.800m 4.800m 1.584m 1.584m 0.3300 0.3294 -
10/06/2019 00:00:00 0.3250 -0.0100 6.840m 6.840m 2.223m 2.223m 0.3250 0.4694 -
03/06/2019 00:00:00 0.3300 -0.0300 7.000m 7.000m 2.310m 2.310m 0.3300 0.4804 -
25/01/2019 00:00:00 0.6600 0.0450 11.667m 11.667m 7.700m 7.700m 0.6600 0.8007 -
02/04/2018 00:00:00 0.8800 - 7.125m 19.018m 6.270m 16.736m 0.8800 0.4890 -
02/04/2018 00:00:00 0.8800 - 11.893m 19.018m 10.466m 16.736m 0.8800 0.8163 -
28/03/2018 00:00:00 0.8800 0.0100 7.125m 17.125m 6.270m 15.070m 0.8800 0.4890 -
28/03/2018 00:00:00 0.8800 0.0100 10.000m 17.125m 8.800m 15.070m 0.8800 0.6863 -
14/03/2018 00:00:00 0.8800 -0.0100 4.500m 4.500m 3.960m 3.960m 0.8800 0.3371 -
08/01/2018 00:00:00 0.8800 0.0350 230.116m 230.116m 202.502m 202.502m 0.8800 17.2400 -
04/08/2017 00:00:00 0.9000 -0.0650 1.000m 1.000m 900,000 900,000 0.9000 0.0749 -
02/08/2017 00:00:00 0.9000 -0.0300 2.000m 2.000m 1.800m 1.800m 0.9000 0.1498 -
25/01/2017 00:00:00 0.9000 -0.0550 85,100 85,100 76,590 76,590 0.9000 0.0064 -
24/01/2017 00:00:00 0.9000 -0.0550 100,000 100,000 90,000 90,000 0.9000 0.0075 -
23/01/2017 00:00:00 0.9000 -0.0500 100,000 100,000 90,000 90,000 0.9000 0.0075 -
19/01/2017 00:00:00 0.9000 -0.0400 100,000 100,000 90,000 90,000 0.9000 0.0075 -
18/01/2017 00:00:00 0.9000 -0.0400 100,000 100,000 90,000 90,000 0.9000 0.0075 -
16/01/2017 00:00:00 0.9000 -0.0550 100,000 100,000 90,000 90,000 0.9000 0.0075 -
03/01/2017 00:00:00 0.9000 -0.0800 100,000 100,000 90,000 90,000 0.9000 0.0075 -
30/12/2016 00:00:00 0.9000 -0.0100 100,000 100,000 90,000 90,000 0.9000 0.0075 -
29/12/2016 00:00:00 0.9000 -0.0100 100,000 100,000 90,000 90,000 0.9000 0.0075 -
28/12/2016 00:00:00 0.9000 0.0150 100,000 100,000 90,000 90,000 0.9000 0.0075 -
27/12/2016 00:00:00 0.9000 - 100,000 200,000 90,000 180,000 0.9000 0.0075 -
27/12/2016 00:00:00 0.9000 - 100,000 200,000 90,000 180,000 0.9000 0.0075 -
23/12/2016 00:00:00 0.9000 - 100,000 200,000 90,000 180,000 0.9000 0.0075 -
23/12/2016 00:00:00 0.9000 - 100,000 200,000 90,000 180,000 0.9000 0.0075 -
30/09/2016 00:00:00 1.2700 0.1400 500,000 500,000 635,000 635,000 1.2700 0.0375 -
02/06/2016 00:00:00 1.2800 0.0800 400,000 595,500 512,000 762,240 1.2800 0.0300 -
02/06/2016 00:00:00 1.2800 0.0800 195,500 595,500 250,240 762,240 1.2800 0.0146 -
27/01/2016 00:00:00 1.3800 0.1500 358,400 358,400 494,592 494,592 1.3800 0.0269 -
20/01/2016 00:00:00 1.3400 0.1100 437,000 437,000 585,580 585,580 1.3400 0.0327 -
15/10/2015 00:00:00 1.2200 0.0700 112.355m 317.594m 137.073m 378.780m 1.1927 8.4175 -
15/10/2015 00:00:00 1.1600 0.0100 94.081m 317.594m 109.134m 378.780m 1.1927 7.0484 -
15/10/2015 00:00:00 1.2200 0.0700 60.499m 317.594m 73.809m 378.780m 1.1927 4.5325 -
15/10/2015 00:00:00 1.1600 0.0100 50.659m 317.594m 58.764m 378.780m 1.1927 3.7953 -
02/10/2015 00:00:00 1.1500 - 20,000 20,000 23,000 23,000 1.1500 0.0015 -
02/12/2013 00:00:00 0.7150 -0.0100 30,000 30,000 21,450 21,450 0.7150 0.0127 -
14/01/2013 00:00:00 1.2100 - 1.000m 1.000m 1.210m 1.210m 1.2100 0.4237 Cross Trade
09/11/2010 14:51:23 0.9450 0.0500 85,000 85,000 80,325 80,325 0.9450 0.0360 Cross Trade
08/11/2010 16:18:55 0.8500 -0.0650 2.667m 2.667m 2.267m 2.267m 0.8500 1.1300 -
26/10/2010 16:21:44 0.8000 -0.0250 500,000 2.500m 400,000 2.000m 0.8000 0.2119 -
26/10/2010 16:20:54 0.8000 -0.0250 2.000m 2.500m 1.600m 2.000m 0.8000 0.8475 -

Summary from 26/10/2010 to 03/10/2019
Highest Price 1.3800 First Occurred on 27/01/2016
Lowest Price 0.2200 First Occurred on 03/10/2019

latest target price by public bank

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
10/10/2019 1.70 1.89 +0.19 (11.18%) HOLD PUBLIC BANK

:)

DATO' ABDEL AZIZ @ ABDUL AZIZ BIN ABU BAKAR 30-Sep-2019 Acquired 300,000 1.770 View Detail
DATO' ABDEL AZIZ @ ABDUL AZIZ BIN ABU BAKAR 26-Sep-2019 Acquired 125,000 1.790 View Detail
DATO' ABDEL AZIZ @ ABDUL AZIZ BIN ABU BAKAR 25-Sep-2019 Acquired 25,000 1.790 View Detail
DATO' ABDEL AZIZ @ ABDUL AZIZ BIN ABU BAKAR 17-Sep-2019 Acquired 250,000 1.774 View Detail
DATO' ABDEL AZIZ @ ABDUL AZIZ BIN ABU BAKAR 13-Sep-2019 Acquired 110,000 1.800 View Detail
DATO' ABDEL AZIZ @ ABDUL AZIZ BIN ABU BAKAR 05-Sep-2019 Acquired 50,000 1.780 View Detail
DATO' ABDEL AZIZ @ ABDUL AZIZ BIN ABU BAKAR 29-Aug-2019 Acquired 100,000 1.740 View Detail
DATO' MOHAMED KHADAR BIN MERICAN 07-Aug-2019 Acquired 20,000 1.800 View Detail
DATO' MOHAMED KHADAR BIN MERICAN 05-Aug-2019 Acquired 30,000 1.820 View Detail

Be calm :)

EMPLOYEES PROVIDENT FUND BOARD 04-Oct-2019 Acquired 200,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 03-Sep-2019 Acquired 264,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 28-Aug-2019 Acquired 200,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 07-Aug-2019 Acquired 500,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 06-Aug-2019 Acquired 140,000 0.000 View Detail

88sen last year, MI tak mau terima, target price 65sen tak boleh diterima :)

HOLD with unchanged TP of RM0.65
Maintain HOLD with unchanged TP of RM0.65 pegging 10x P/E on 2019F EPS. While this is below the sector’s 5-year historical average of 12.0x, we think it is fair in view of the soft property market backdrop. On other hand, long term proposition remains, in view of: i) huge unbilled sales of more than RM1bn; ii) low net gearing of 0.02x and iii) most landbanks located in prime locations.

Source: BIMB Securities Research - 1 Mar 2019

MCT @ayala land will be more and more famous as more and more investors or people knows about ayala land :)

1mil + shares traded today, not bad, picking up :)

talam akan debt free next year, beli sebelum terlambat :)

Smart guy :)

According to MCT's 2018 annual report, Goh was appointed to the board as non-independent executive deputy chairman on April 1, 2015, before being redesignated as non-independent non-executive director on Nov 30, 2016.

His direct stake in the company has been pared down from 10.46% as at April 4 last year to 5.86% as at April 4 this year.

MCT with a strong parent, Ayala Land could also launch acquisition of property companies here via MCT :)

Ayala Land is about 10 times bigger than sime darby properties in terms of market capitalisation, Ayala Land owns 72%+ of MCT, MCT is safer than sime darby properties :)

probably re-offer soon , last year tak laku :) MI tak mau jual


5182 MCT MCT BERHAD
TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))MCT BERHAD ("MCT" OR THE "COMPANY") - UNCONDITIONAL MANDATORY TAKE-OVER OFFERBY CIMB INVESTMENT BANK BERHAD ("CIMB BANK") ON BEHALF OF REGENT WISEINVESTMENTS LIMITED ("RWIL" OR "OFFEROR") TO ACQUIRE ALL THE REMAINING SHARESIN MCT ("OFFER SHARES") NOT ALREADY OWNED BY THE OFFEROR AND THE PERSONS ACTINGIN CONCERT WITH THE OFFEROR FOR A CASH CONSIDERATION OF RM0.88 PER OFFER SHARE("OFFER")You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


20/02/2018 07:00 AM


Ref Code: 201802203000012

When Ayala land enters the open market, you guys will be very happy :)

5182 MCT MCT BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of Shareholder 36

Name : AYALA LAND, INC
NRIC/Passport No./Company No. : 152747
Nationality/Country of Incorporation : Philippines

Address:
31/F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, MakatiCity, Philippines

Descriptions (Class and Nominal Value):
Ordinary Shares


Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement orattachment.To read the entire contents of the announcement or attachment,pleaseaccess the Bursa website at http://www.bursamalaysia.com


Details of Changes

Date of Notice : 21/02/2018

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 20/02/2018 Others 100 -


Circumstances by reason of which change has occurred:
Deemed interested pursuant to Section 8(4)(b) of the Companies Act 2016 byvirtue of its 100% shareholding in Regent Wise Investments Limited, who hasreceived valid acceptances of 100 shares in relation to the unconditionalmandatory take-over offer by Regent Wise Investments Limited.

Nature of Interest:
Indirect Interest

Consideration:



No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 965,202,415 shares (72.3120%)
Total : 965,202,415 shares

Remarks:
Direct interest:- Nil Indirect interest:- Regent Wise Investments Limited -965,202,415 shares(Deemed interested pursuant to Section 8(4)(b) of theCompanies Act 2016 by virtue of its 100% shareholding in Regent WiseInvestments Limited)You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



21/02/2018 07:00 AM


Ref Code: 201802213600082

founder, Goh is still keeping 5%+ stake in MCT now.... smart alex :)


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

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

In early January, Ayala Land emerge as a major shareholder of MCT, through its unit Regent Wise Investments Ltd, signed a share purchase agreement with Tan Sri Goh Ming Choon, a major shareholder of 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.

5182 MCT MCT BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of Shareholder 36

Name : TAN SRI DATO' SRI GOH MING CHOON
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia

Address:
-

Descriptions (Class and Nominal Value):
ORDINARY SHARES


Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement orattachment.To read the entire contents of the announcement or attachment,pleaseaccess the Bursa website at http://www.bursamalaysia.com


Details of Changes

Date of Notice : 07/06/2019

philippines has more than 100mil+ populations... 10% rich people = more than 10mil... ayala land is the most prestigious brand there,,,, just market its properties here to the rich in the philippines for retirement or vacation homes :)

ayala land market cap is about RM50bil vs our sime darby prop is about RM5bil........... about 10times bigger :)

MCT BHD should be renamed as AYALA MCT BHD or AYALA LAND (M) BHD... AYALA land is many times bigger than our Sime Darby Properties Bhd :)

Ayala Land Sustainability Overview
Ayala Land’s commitment to sustainability is best expressed through its products and the way each site has been carefully assessed and selected, masterplanned and designed, developed and constructed, and ultimately managed and maintained to enable Filipinos to succeed through generations. Our analysis of the Philippine and global situation, appreciation of scientific information, as well as our insights on customer concerns, led us to identify attributes that will contribute to the long-term sustainability of our developments. These attributes are embodied in our four focus areas site resilience, pedestrian and transit connectivity, eco-efficiency and local economic development.

Ayala Land Carbon Neutrality 2022
By focusing on these four areas, we look forward to communities that not only create long-term value for our customers, investors and various stakeholders, we also contribute environmental, social and economic benefits for the larger public.


As a way of contributing significantly and positively to society, we have made sustainability the blueprint by which every Ayala Land development is designed — to continuously enhance land and enrich the lives of more people.



ALI Recognized for Green Strategy at Sustainable Business Awards
For their total commitment to sustainability, ALI was awarded Best Overall and Best Stakeholder Engagement and Materiality, which is awarded to companies that are able to build framework and policies for engaging with their stakeholders. The company was also given special recognition for Water Management, Strategy and Sustainability Management, and United Nations Sustainable Development Goals.

Ayala-led CHI intensifies efforts against climate change
Cebu Holdings, Inc. (CHI), a subsidiary of Ayala Land, intensifies its efforts to help environmental protection by enhancing the carbon forest in the upland barangays of Cebu City. With the growing threat of climate change as now experienced through extreme weather conditions, scarcity of potable water, and poor food production, among many effects,


SITE RESILIENCE
We recognize the importance of minimizing developmental impact to the environment, and the particular vulnerability of the Philippine environment to natural calamities.




PEDESTRIAN AND TRANSIT CONNECTIVITY
Our estates are designed to be pedestrian-friendly and accessible to public transport. We create an efficient “live-work-play” community that promotes an active and healthy lifestyle.




ECO-EFFICIENCY
We respect that water, energy, and raw construction materials are finite resources to be used judiciously. We employ the creative use of passive design and technology to minimize energy, water, and waste footprint.




LOCAL ECONOMIC DEVELOPMENT
Our strategic presence through our various developments across the Philippines helps us to create new opportunities for employment and productivity.

https://www.ayalaland.com.ph/sustainability/

2010s
Ayala Land sees sustained growth by tapping new markets in real estate, providing quality homes for lower-income segments with Amaia Land and Bellavita Land. Ayala Land also continues to grow its retail, and office spaces, and the launch of Seda hotels, the first all-Filipino hotel chain for the urban traveler. New business such as QualiMed, Family Mart, and Wellworth continue to enhance the sustainable communities that underpin Ayala Land’s operations as it enters new growth centers.

1800's
Ayala Land lives up to a distinguished legacy. With roots tracing back to 1834, Ayala Land’s legacy was built on the vision of its founders and through the generations of leaders who recognized unique opportunities for transformation.

MCT should be renamed as Ayala Land (M) Bhd :)

many best practices of ayala land will be adopted by MCT... save cost... no need to reinvent the wheel :)

Arca South: Built on Ayala Land’s best practices
October 7, 2019 Residences, News & Updates, Estates

The new development presents various advantages for its residents and visitors with its best estate practices, diverse retail options, work spaces, residential developments, and strong linkages to key cities in the metro.

When Ayala Land Inc. (ALI) won the bid for the Food Terminal Inc. (FTI) property, it knew exactly how it wanted to develop the 74-hectare estate in Taguig City.

With BGC and Nuvali — two of the biggest but very different developments — under its portfolio, they wanted a combination of the two.



Arca South project development head Stephen Comia, who was also part of the original team that conceptualized Nuvali five years ahead of Arca South, recalls, “When we bid for a certain property, we have a vision for the development. We had been studying the property even before it was bidded out in 2012 because there was news about it going private. We really wanted to win the bid because we knew the potential of the area as a new commercial district.”

Indeed, the masterplan of Arca South combines the best practices of the mixed-use developments that ALI has built in the past three decades including the country’s premier commercial business district (CBD) in Makati.

You can say Arca South is the gateway to the south, Makati and Bonifacio Global City (BGC) with several existing and planned access points that include connections to the international airport, Paranaque and other nearby cities.

“We’re bringing the elements that are working well in Makati, Nuvali and BGC. Arca South is mixed-use and sustainable, which is true for all our estates, but what’s unique about it is that it’s a low-density urban development that has the potential to be the next CBD. Unlike other business districts where there are skyscrapers, the buildings in Arca South are between 12 and 15 stories high.”

While it is not in the flight path of airplanes taking off and landing at the four Ninoy Aquino International Airport (NAIA) terminals, there is a height restriction regulated by the Civil Aviation Authority which, according to Stephen, presented unique opportunities for the master plan.

“First, it was an opportunity to create something very different — a CBD that was low density. It’s going to be more relaxed with a lot of open, sprawling green spaces, which people can enjoy. There would be a linear park that would cut across the entire development, along with pocket parks that can act as respite or accidental meeting spots.”

CITY IN SYNC

Technology has given developers new opportunities to build responsive cities and Ayala Land is doing that with Arca South.

Stephen says, “Our value proposition is that Arca South is a city in sync. All systems have to be integrated because when we have access to consolidated data, we can decide and act quickly and properly.”



“To be able to manage the estate properly, you need to see what’s happening. CCTV cameras will be installed around. Information about the estate’s security, transportation, and traffic shall be transmitted and collected in a command center.”

One of Arca South’s unique feature is an “underground highway,” a road beneath ground level that connects the estate’s commercial areas.

Imagine you’re in the mall at Arca South and want to go to an office building at the other end of the estate. Rather than exiting the basement parking, you can just drive underground without having to deal with the traffic on the streets (or adding to the traffic).

“Around 40 percent of the estate are connected by the underground highway. It not only frees up the streets and doubles the capacity of roads, it also increases pedestrianization and connectivity.”



Making people the priority also includes providing them with an efficient public transportation around the estate — similar to what BGC has — and an alternative way to get from one place to another: on bicycles as the best cities in the world have.

“We have dedicated bicycle lanes, so people can just bike to get around, say, from their home to office. We’re also studying the bike-sharing program because we have provided the infrastructure already.”

https://www.ayalaland.com.ph/arca-south-built-on-ayala-lands-best-practices/

What a privilege to be a subsidiary of Ayala land! :)

Ayala Land named the best developer in Euromoney, Asiamoney polls
October 3, 2019 Awards & Milestones, News & Updates



Metro Manila (CNN Philippines) — Ayala Land, Inc. (ALI) has again been named the Philippines’ best developer at Euromoney’s Real Estate Survey 2019. The group’s Asiamoney division also cited ALI as the Most Outstanding Company in the Philippines for the Real Estate Sector in its Asia’s Outstanding Companies Poll 2019.

The list of accolades does not end there: ALI, along with its parent company Ayala Corporation, has been recognized by Asiamoney as the country’s top company of the last decade, having won the most number of awards in Asiamoney’s corporate-related polls since 2010.

The 15th Annual Euromoney Real Estate Survey ranked ALI first in its Residential, Retail/Shopping, Office/Business and Innovative Green Development Sector categories. The company also brought home the award for the Overall category.

The Euromoney rankings are a result of a poll among global real estate markets, wherein the opinions of leading firms involved in the real estate sector worldwide are canvassed. Over 3,000 respondents — which include advisers, developers, investment managers, banks and corporate end-users of real estate — identify which companies, in their view, have been the best providers of real estate products and services in their market in the past 12 months.

Meanwhile, the Asiamoney Outstanding Companies Poll identifies Asia’s most outstanding listed companies in each market and sector. More than 800 fund managers, buy-side analysts, bankers, and ratings agencies took part in this year’s voting, which totaled 4,000 votes covering publicly-listed companies across 12 markets in Asia. The results recognize 153 companies as the most outstanding in their respective areas.

Ayala Land has received several awards from Euromoney and Asiamoney through the years, the most recent of which is the Asiamoney Most Outstanding Company in the Real Estate Sector award for both the Philippines and Southeast Asia in 2018. Asiamoney has also named ALI as the Best Corporate Brand in the Philippines in 2017, while Euromoney recognized the firm as the Overall Best Property Developer, among other real estate and finance citations, in 2016.

Source: CNN Philippines

ALI Recognized for Green Strategy at Sustainable Business Awards
October 9, 2019 Sustainability, Awards & Milestones, Estates


Ayala Land, Inc. (ALI) received a total of five awards at the Sustainable Business Awards Philippines (SBA Ph) 2019, a program that celebrates select companies for their outstanding performance in environmental and social sustainability.
For their total commitment to sustainability, ALI was awarded Best Overall and Best Stakeholder Engagement and Materiality, which is awarded to companies that are able to build framework and policies for engaging with their stakeholders. The company was also given special recognition for Water Management, Strategy and Sustainability Management, and United Nations Sustainable Development Goals.


“We are truly grateful and honored to have been recognized for our efforts on sustainability through these awards. Sustainability has been a continuing journey for our organization and we continue to evolve our practices, to manage resources prudently, be mindful of our environmental footprint, and ensure our developments have a positive impact on society,” said ALI President and CEO Bernard Vincent Dy at the awards ceremony held in The Peninsula Hotel, Makati City.

Organized by Singapore-based Global Initiatives, the Sustainable Business Awards Philippines to validate and recognize companies which are leading the way in sustainable business and which have truly instilled sustainability into their long-term business strategy. The awards are also held are held annually in Singapore, Indonesia and Malaysia.

The awards are conducted in partnership with global consulting firm PricewaterhouseCoopers (PwC), and are reviewed and decided by a national advisory panel in each country. The advisory panels are made up of senior representatives from business, the academe, NGOs, regulatory agencies and media.

Ayala Land has been producing comprehensive sustainability reports for several years now, tracking Environmental, Social and Governance (ESG) metrics such as greenhouse gas (GHG) emissions throughout the various stages of the project development process, and benchmarking the company’s sustainability and ESG indicators with global standards. They have been embedding sustainability into their business by setting targets for carbon neutrality in the commercial businesses, and through the four focus areas, which are in line with the United Nations’ Sustainable Development Goals.

It has moreover embarked on a significant carbon emissions reduction program in all of its commercial properties, becoming the first Philippine company to target carbon neutrality by 2022.

ALI was once again the only Philippine company included in The Sustainability Yearbook 2019, the world’s most comprehensive publication on corporate sustainability. This is the third consecutive year that ALI has been named one of the most sustainable companies worldwide.

It also recently received the 3G Environmental Sustainability Award 2019 at the 4th Global Good Governance Awards presented by London-based Cambridge IFA, a leading international financial services think-tank.

Ayala Land takes home multiple Stevie Awards
August 24, 2018 News & Updates, Awards & Milestones, Estates


August 23, 2018 — Ayala Land, Inc. (ALI) once again received five major honors at the 15th Annual International Business Awards (IBA), also known as the Stevie Awards. With close to 4,000 nominations from 74 countries around the world, the Stevie is regarded as the world’s premier business award that recognizes excellence in the workplace worldwide.

ALI subsidiary Avida Land won two Gold Stevie Awards for Marketing Campaign of the Year as well as for best Real Estate website. Avida also won a Bronze Stevie in the Best House Organ – Customers category for its Avida Living publication.

Avida Land’s Gold Stevie award-winning Choose to Move marketing campaign was recognized for its creative activities, programs and events that encouraged its target markets to step out of their comfort zones and choose from among various opportunities to expand and enrich their lives. These include opportunities to invest in property and to experience the independence of moving into their own homes.

Ayala Land itself won a Bronze Stevie for Management Team of the Year as it led the industry in creating more sustainable developments that enrich the lives of its customers. As the largest property developer in the Philippines, ALI has been creating large-scale, integrated, mixed-use, sustainable estates that cultivate economic centers across the country.

In the year that passed, the company continued to implement sustainability practices focusing on site resilience, pedestrian mobility and transit connectivity, contribution to local employment, and eco-efficiency.

ALI took its commitment to sustainability a step further in 2017 as it embarked on a pioneering plan to achieve carbon neutrality by 2022 in all of its commercial assets. This will be done through forest protection and regeneration; increased use of renewable energy; and the implementation of passive cooling measures in the company’s developments.

The company was also awarded a Bronze Stevie for its With Every Step Corporate Video that successfully communicated ALI’s goal of enriching lives, enhancing land and providing Filipinos with a brighter future with every step it takes and with every community it develops.

More than 270 executives worldwide participated in 12 juries this year to determine the Stevie winners. The International Business Awards honors organizations of all types and sizes and the people behind them, recognizing outstanding performances in the workplace worldwide.

ALI also won five Stevie awards in last year’s 14th International Business Awards, with Ayala Land taking home the Gold Stevie for its Reshaping Lives Corporate Video and a Silver Stevie for Best Exhibition Display for the Nuvali Magical Field of Lights exhibit. The company also won two Bronze Stevies for its Project LED (Local Economic Development): Authentic stories of Ayala Land and its mission for nation building campaign, while Avida Land received a Bronze Stevie for Communications for its ‘Avida Grand Neighbor Day’ campaign.

Ayala Land’s Lio estate wins award from prestigious sustainable tourism body
March 18, 2019 Hotels & Resorts, News & Updates, Estates

The dynamic Northern Palawan Lio Tourism Estate was awarded a spot last March 6 in the prestigious “Sustainable Destinations Top 100” list at the world’s largest tourism trade fair, the ITB Berlin.

An international jury acknowledged the 325-hectare community being developed by Ayala Land Inc. subsidiary Ten Knots Development Corp. (TKDC) for its overall sustainability and its success in destination management. The unique award organized by non-profit Green Destinations recognizes innovation and good practices in the development of global tourist sites. Green Destinations leads a global partnership of organizations, companies and academic institution focused on sustainable tourism.

In Lio’s success story cited in the sustainable100.org website, the estate is referred to as “a top destination for the protection of nature, and landscape and scenery…. the first masterplanned ecologically sustainable tourism” spot in the Philippines. Still in the process of rolling out its masterplan, Lio officials have been distinguished for persistently educating contractors and their workers on the need to follow strict environmental standards through education seminars.



TKDC group director of sales and marketing Joey Bernardino, who received the award in Berlin, revealed: “By helping all our workers understand the principles of impact management and wild-life friendly practices, we are creating more stewards of the environment.”

The sustainable100.org website also cited TKDC’s intention to preserve existing waterways, mangrove stands and surrounding forests as reflected in its masterplan. The company’s commitment to use native vegetation rather than exotics that may not thrive in a harsh seaside environment was likewise seen as a sound preparation for a “community that will exist for a long time.”

Javier Hernandez, TKDC chief operating officer, has previously said: “When you arrive at Lio, we don’t want you to be focused on our buildings but rather than on our great stretch of beach, the clear waters that surround us, and how we have remained a nature retreat.”



Currently, Lio offers guests four hotels designed to blend in with the environment. The latest is the sprawling 153-room Seda Lio targeted towards global travelers with no structure jutting above the coconut treeline. The designs of Casa Kalaw with 42 rooms, Balai Adlao and Covo – both with 20 rooms each – are likewise respectful of the surroundings.

Lio’s retail area has also been established to allow local Palawan residents to participate in the area’s economic growth. Half of the retail strip’s merchants hail from the local community.

Stewardship of the environment and relations with the local community are in fact supervised by a director for sustainability supported by environmental officers who monitor and measure those efforts. Sustainability director Mariglo Laririt stated: “Lio has been designed to celebrate its unique Palawan environment and to enhance the quality of life of neighboring communities by giving them opportunities for inclusive economic growth. Being part of the ‘Sustainable Destinations Top 100’ list is an affirmation that we are on the right track.”

greatly undervalued... ayala itself is a valuable brand already.. associated with ayala, it should worth much more.

grab some before cheap sale is ended :)

uptrend now rising rapidly

Recent Prices
Date Open Range Close Change Volume
09/10/2019 0.83 0.82 - 0.835 0.82 -0.005 (0.61%) 1,979,000
08/10/2019 0.825 0.82 - 0.835 0.825 0.00 (0.00%) 1,202,200
07/10/2019 0.825 0.82 - 0.84 0.825 0.00 (0.00%) 746,100
04/10/2019 0.82 0.82 - 0.83 0.825 +0.005 (0.61%) 1,143,600
03/10/2019 0.825 0.82 - 0.83 0.82 -0.005 (0.61%) 1,173,400
02/10/2019 0.83 0.82 - 0.84 0.825 0.00 (0.00%) 1,384,500
01/10/2019 0.835 0.825 - 0.84 0.825 -0.01 (1.20%) 1,264,900
30/09/2019 0.845 0.825 - 0.845 0.835 -0.01 (1.18%) 2,808,500
27/09/2019 0.855 0.845 - 0.855 0.845 -0.01 (1.17%) 990,500
26/09/2019 0.85 0.845 - 0.855 0.855 +0.01 (1.18%) 961,700
25/09/2019 0.845 0.845 - 0.855 0.845 -0.005 (0.59%) 910,000
24/09/2019 0.845 0.845 - 0.855 0.85 +0.005 (0.59%) 677,500
23/09/2019 0.85 0.845 - 0.855 0.845 -0.005 (0.59%) 586,600
20/09/2019 0.85 0.845 - 0.855 0.85 0.00 (0.00%) 2,007,500
19/09/2019 0.85 0.85 - 0.86 0.85 0.00 (0.00%) 400,100
18/09/2019 0.86 0.85 - 0.865 0.85 -0.005 (0.58%) 725,500
17/09/2019 0.86 0.855 - 0.875 0.855 0.00 (0.00%) 1,722,000
13/09/2019 0.855 0.85 - 0.86 0.855 +0.005 (0.59%) 777,800
12/09/2019 0.85 0.845 - 0.86 0.85 0.00 (0.00%) 562,200

TQ Calvin :)

https://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/209132.jsp

Just last punya offer :)

88sen could be re-offer soon, unable to resolve public shareholding spread :)

Ayala Land, had through Regent Wise Investment 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 and 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 9.16% stake, which was part of a placement of shares at a price of RM1.28 a piece

Buy and hold, multiple times of ROI is expected soon :)

Ayala Land is part of the oldest conglomerate in the Philippines’ Ayala Corp with a rich history that can be traced back to the 1800s. It is the biggest property developer in the Philippines with market capitalisation of RM53.69bil. The value of approximately RM54bil also means that Ayala Land is even larger than top 10 property developer in Malaysia combined.

The safest property stock in Malaysia with Ayala as parent company :)

Becoming Islamic bank, share price higher than NTA macam bimb, bukan? :)

BIMB Financial Information
Market Capital (RM) 6.987b
Number of Share 1.764b
EPS (cent)* 42.95
P/E Ratio 9.22
ROE (%) 13.26
Dividend (cent)^ 15.500
Dividend Yield (%) 3.91
Dividend Policy (%) 50
NTA (RM) 3.240

Ayala Corporation
This section does not cite any sources.
Main article: Ayala Corporation
The Zóbel de Ayalas are among several Filipino families listed in Forbes magazine's list of the world's richest people. The family owns and controls Ayala Corporation, the country's largest and oldest conglomerate that includes the Bank of the Philippine Islands, Ayala Land Inc., the Manila Water Company, and Globe Telecom, one of the largest mobile phone networks in the Philippines. Ayala Corporation was formerly known as Ayala y Compañia (established in 1876) which evolved from a series of partnerships beginning with Casa Róxas, a partnership established in 1834 between Domingo Róxas and Antonio de Ayala.[6] In 1968, Ayala y Compañia shifted from a partnership to a corporation, becoming Ayala Corporation. At present, the family continues to hold the controlling stake in the company through its holding company Mermac, Inc.[7]

San Miguel Corporation
Main article: San Miguel Corporation
Iñigo U. Zóbel, through Top Frontier Investment Holdings, Inc., is the largest shareholder of San Miguel Corporation owning 66.1% of San Miguel’s total outstanding common stock.[8]

Public service
This section does not cite any sources.
In 1929, Enrique Zóbel de Ayala established the Premio Zóbel to recognize the best written works in the Spanish language in the Philippines.
The Ayala Foundation (formerly, Filipinas Foundation) envisions communities where people are productive, creative, self-reliant, and proud to be Filipino.
The Consuelo Foundation was established by Consuelo Zóbel Alger. It operates and supports programs in Hawaii and the Philippines that prevent and treat abuse, neglect and the exploitation of children, women and families.
Legacy and honorsEdit
This section does not cite any sources.
The De La Salle-Santiago Zóbel School was named after Jacobo Santiago "Santi" Zóbel (1954–1965), the eldest son of Enrique J. Zóbel and Rocío Urquijo.
"Jaime Zóbel de Ayala and family" are among the three Filipino families included in the Forbes magazine's list of the "World's Richest Families".[9]
The 2007 Harvard Alumni Achievement Award was awarded to Jaime Augusto Zóbel de Ayala, chairman of Ayala Corporation, for his exemplary leadership in business. It is the highest honor of the Harvard Business School.[10] He was the first Filipino and the youngest alumnus to be so honored.
Jaime Zóbel de Ayala was awarded with the Philippine Legion of Honor, Rank of Grand Commander on December 24, 2009.[11]
Jaime Augusto Zóbel de Ayala II and Fernando Zóbel de Ayala were awarded with the Philippine Legion of Honor, Rank of Grand Commander on June 29, 2010.
Notable family membersEdit
Enrique Zóbel de Ayala
Fernando Zóbel
Col. Jacobo Zóbel
Col. Joseph McMicking
Mercedes Zóbel McMicking
Consuelo Zóbel Alger
Enrique J. Zóbel
Jaime Zóbel
Jaime Augusto Zóbel de Ayala II
Fernando Zóbel de Ayala
ReferencesEdit
Borja, Marciano (May 1, 2005). Basques In The Philippines. United States of America: University of Nevada Press. pp. 123–128. ISBN 0874175909.
"Archived copy". Archived from the original on 2016-03-01. Retrieved 2016-02-22.
"Jacobo Zobel's Death Certificate".
"ABC (Madrid) - 23/07/1971, p. 87 - ABC.es Hemeroteca". hemeroteca.abc.es. Archived from the original on 2017-10-12. Retrieved 2014-09-23.
Seed, John (March–April 2009). Fernando Zóbel de Ayala Brief life of a peripatetic man of arts: 1924-1984. Harvard, MA: Harvard Business School. Archived from the original on 2014-06-07. Retrieved 6 June 2014.
Borja, Marciano (May 1, 2005). Basques in the Philippines. Nevada: University of Nevada Press. ISBN 0874175909. Retrieved 6 June 2014.
"Zobel retires as Ayala chairman," Manila Bulletin, January, 2006 "Archived copy". Archived from the original on 2011-05-11. Retrieved 2010-09-16.
Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} People - Reuters.com". U.S.
The World's Richest People, Forbes magazine, 2007, archived from the original on 2007-10-11, retrieved 2007-10-12
"ABS-CBN Interactive, JAZA and Patrisha receives Harvard alumni award".[permanent dead link]
"PGMA confers the Grand Commander Award and the Philippine Legion of Honor (Degree Officer) to businessman Jaime Zobel de Ayala". 24 December 2009.
External linksEdit
Ayala Corporation
Ayala at 175 Magazine
Ayala Foundation
The Joseph & Mercedes McMicking Foundation
Enrique Zobel Foundation
Consuelo Foundation

Descendants
Jacobo Z. Zobel and Trinidad R. Ayala-Zobel had five children – Fernando Antonio A. Zobel (1876-1949); twins, Enrique (1877-1943) and Alfonso (1877-1882); Margarita (1881-1963) and Gloria – who were the first-generation Zóbel de Ayalas. Among the children, Fernando Antonio and Enrique would assume leadership of Ayala y Compañía. Enrique’s descendants would inherit Ayala y Compañía after his death in 1943. After the end of World War II, the family’s fortunes would increase with the development of Hacienda San Pedro de Macati.

In 1968, Ayala y Compañía shifted from a partnership to a corporation, becoming Ayala Corporation.

Bloodline
Domingo Róxas (1792-1843)[1] m. Maria Saturnina Ubaldo
Margarita Róxas (1826-1869) [1] m. Antonio de Ayala (1803-1876)
Camilla de Ayala m. Andres Ortiz de Zarate [1]
Carmen de Ayala (d. 1930) m. Pedro Pablo (Perico) Róxas (1847-1912)
Consuelo Róxas de Ayala (1877-1908) m. Enrique Zóbel de Ayala (1877-1943)
José Róxas de Ayala
Margarita Róxas de Ayala m. Eduardo Soriano y Sanz
Pedro Róxas de Ayala
Antonio Róxas de Ayala
Trinidad de Ayala (1856-1918) m. Jacobo Zóbel y Zangroniz (1842-1896) [1] (see Family Tree)
Fernando Antonio Zóbel de Ayala (1876-1949) [1]
Enrique Zóbel de Ayala (1877-1943) m. Consuelo Róxas de Ayala (1877-1908); m. Fermina Montojo (1881-1966)[1]
Alfonso Zóbel de Ayala [1] (1877-1882) (twin of Enrique)
Margarita Zóbel de Ayala[1] m. Antonio Melian y Pavia (1879-1956) [2]
Gloria Zóbel de Ayala[1]
José Bonifacio Róxas (1834-1888) m. Juana de Castro
Pedro Pablo (Perico) Róxas (1847-1912) m. Carmen de Ayala (d. 1930)
Mariano Róxas

Trinidad de Ayala (1856-1918) Edit
Trinidad de Ayala was the youngest daughter of Antonio de Ayala and Margarita Róxas (the eldest child of Domingo Róxas y Ureta). She was very supportive of her husband's liberal causes, a trait she inherited from her mother. She was very much interested in the arts and she cultivated singing. La Ilustración Filipina magazine reported on March 28, 1892 that she was invited to sing in Malacañang with other sopranos of the period.

In 1898, upon the death of her husband and with her brother-in-law, Pedro Pablo Róxas (1847-1913), away in Paris, France, Ayala divested her husband's tramcar and pharmacy businesses, and various assets of Ayala y Compañia. Showing extreme astuteness, she redeployed capital into marketable securities in hotels and trade, which later boomed after the Philippine–American War and World War I. She increased the family’s holdings in Banco Español Filipino, bought into The Hong Kong & Shanghai Banking Company Ltd. and invested in Hong Kong real estate. Under her stewardship, Banco Español Filipino expanded into branch banking, opening an office in Iloilo City. She funded the development of Manila's first community water system, known as the Carriedo waterworks.

In 1898, she led Ayala y Compañía into its first real estate development. Upon the death of her brother-in-law Pedro Pablo Róxas in 1912, she took over his interests in Ayala y Compañia. In 1914, she gave Hacienda San Pedro de Macati to her grandchildren – Jacobo Zóbel, Alfonso Zóbel and Mercedes Zóbel (the children of her son Enrique with his first wife, Consuelo).

She died in 1918 at the age of 62.

Zóbel de Ayala family

This article needs additional citations for verification.
This article uses Spanish naming customs: the first or paternal family name is Zóbel and the second or maternal family name is de Ayala.
The Zóbel de Ayala clan is a Spanish Filipino business family with Spanish and German ancestry, who were the founders of Ayala y Compañía (now Ayala Corporation) and patrons of the Premio Zóbel literary awards. The clan is directly descended from Jacobo Zóbel y Zangroniz (1842-1896) and Trinidad de Ayala (1856-1918). Ayala y Compañía (established in 1876) traces its origins to Casa Róxas, a business partnership established in 1834 between Domingo Róxas (1792-1843) and Antonio de Ayala (1803-1876).

History Edit
Jacobo Zóbel (1842-1896) Edit
Jacobo Zóbel y Zangroniz was the son of Jakob Hinsch Zóbel and Ana Maria Zangroniz (daughter of a justice at the Real Audiencia of Manila, who had come from an old family in Navarra, Spain). He was born on October 12, 1842 and was the first Zóbel born in the Philippines. His grandfather, Johannes Andreas Zóbel, arrived in the Philippines from Hamburg, Germany in 1832, together with his wife, Cornelia Hinsch, and their son, Jakob. Johannes Andreas Zóbel came from a long line of German pharmacists and established the Botica Zóbel pharmacy in 1834, located in 28 Calle Real in Intramuros.

Zóbel was sent to Hamburg, Germany for his primary education (1848 to 1859) and continued his higher studies at the Universidad Central de Madrid, taking up natural sciences. It was there he explored his lifelong fascination with medicine, chemistry and archaeology. In doing so, he mastered eleven languages. He befriended the young numismatist Don Antonio Delgado (1805-1879) from Madrid, who inspired his scholarship on antiquarian coins. He traveled to several museums in Europe to research more about his collecting hobby and he published the classic monograph titled "Memoria Sobre Las Monedas Libiofenicias o Teudetanas" which is still published and used in Spanish universities to this day. He graduated from the university in 1864 and returned to Manila to assume management of Botica Zóbel.

Brought up as a liberal, Zóbel welcomed his appointment by Governor General Carlos de la Torre as a member of the Manila Municipal Board and the Sociedad Económica de los Amigos del País. During his term, Zóbel introduced many liberal reforms: public schools, the first tree-planting activities and campaigned for representation in the Spanish Cortes. He also opened the first public reading room and library during his term. Because of his many liberal ideas, he became suspect following the Cavite Mutiny of 1872. On September 22, 1874, he was imprisoned in Fort Santiago for several months on the charge of sedition. He was cited also for possession of firearms and revolutionary pamphlets. The Prince of Bismarck made representations to the Spanish government to have him released.

Zóbel married Trinidad de Ayala (1856-1918) on February 5, 1875. The couple took a whirlwind honeymoon trip to Japan, San Francisco, the World’s Fair of 1876, and Europe, where their children were born. The couple decided to live briefly in Spain after Jacobo decided to study transportation systems in Europe, and he renewed his numismatic research, publishing a major work entitled "Estudio Histórico de la Moneda Antigua Española Desde Su Origen Hasta El Imperio Romano" in 1878.

Sometime in 1880, the couple returned to Manila. He became a representative of Eiffel et Cie of Paris and built the Ayala Bridge in Manila. Ayala y Compañia (the successor-in-interest to Casa Róxas) was established in 1876 and Zóbel became one of its partners until 1891.

He was appointed member of the Consejo de Administración by the King of Spain on May 25, 1882. He was also member of the Sociedad Económica de los Amigos del País, a conciliario (adviser) of Banco Español Filipino and the secretary of the Cámara de Comercio de Manila. He became a member of the prestigious Real Academia de la Historia from 1865 to 1896. He received numerous awards, including the Gran Cruz de la Real Orden Americana de Isabel la Catolica in 1880, the Caballero de la Orden de Carlos III, and knight-commander of the Order of the Northern Star of Sweden and Norway.

On December 1885, Zóbel established the first tram system in Manila, the Manila-Tondo line, which extended to Malabon and was powered by steam. His capitalist partner was the Spanish banker Don Adolfo Bayo and his local partner was one of the richest Filipinos of the time, Don Gonzalo Tuason. Eventually, he built four other major tram lines in Manila and its vicinity (Malate, Sampaloc to Tondo), drawn by horses.

Zóbel died on October 7, 1896, while under suspicion once again of supporting the Philippine revolution.

Bottom price now :)


Board: MAIN
Sector: Finance
Avg Volume (4 weeks): 1,159,136
4 Weeks Range: 0.82 - 0.875
52 Weeks Range: 0.82 - 1.08
Average Price Target: 1.13
Price Target Upside/Downside: +0.305


Date Close
09/10/2019 0.82
08/10/2019 0.825
07/10/2019 0.825
04/10/2019 0.825
03/10/2019 0.82
02/10/2019 0.825
01/10/2019 0.825
30/09/2019 0.835
27/09/2019 0.845
26/09/2019 0.855
25/09/2019 0.845
24/09/2019 0.85
23/09/2019 0.845
20/09/2019 0.85
19/09/2019 0.85
18/09/2019 0.85
17/09/2019 0.855
13/09/2019 0.855
12/09/2019 0.85

On certain days, the traded volume could exceed 1 or 2 million shares traded, who was the buyer? Think about it. :)

Date Close Volume
09/10/2019 0.205 357,100
08/10/2019 0.21 475,200
07/10/2019 0.20 219,000
04/10/2019 0.20 70,000
03/10/2019 0.20 167,000
02/10/2019 0.20 280,000
01/10/2019 0.205 315,200
30/09/2019 0.205 204,200
27/09/2019 0.21 71,500
26/09/2019 0.21 352,600
25/09/2019 0.21 102,000
24/09/2019 0.22 517,200
23/09/2019 0.215 186,100
20/09/2019 0.22 177,000
19/09/2019 0.225 2,035,100
18/09/2019 0.225 807,100
17/09/2019 0.225 748,200
13/09/2019 0.225 1,294,300
12/09/2019 0.21 406,800

EPF could make mbsb as a wholly owned subsidiary of rhb and rhb Islamic bank is injected into mbsb, non-islamic assets transferred to rhb, Islamic assets from rhb to mbsb, mbsb becomes Islamic bank immediately, right? :)

Already treating MCT as a wholly owned subsidiary, right? :)

Ayala land is so rich , a lot of funds advanced to MCT :).

Amount owing to holding company was more than rm200mil as per the financial statements @30.6.2019.

EPF controls RHB and MBSB, possible to merge the two?

How much will the valuation rise after becoming an islamic bank? :) same valuation applied like BIMB?


MBSB to become Islamic banking counter within 2 years

Wednesday, June 12th, 2019 at , Money

Lender now has to convert the remaining 10% to 12% of its conventional assets into Islamic assets

by SHAHEERA AZNAM SHAH / pic by RAZAK GHAZALI

Malaysia Building Society Bhd (MBSB) expects its full-fledged Islamic banking business under MBSB Bank Bhd to become a holding company and assume listing status on the stock exchange within two years.

President and group CEO Datuk Seri Ahmad Zaini Othman said the lender now has to convert the remaining 10% to 12% of its conventional assets into Islamic assets within the timeline given by Bank Negara Malaysia (BNM).

“We have converted more than 85% of our assets into Islamic assets. The remaining, worth about RM1 billion, could not be converted immediately because of issues such as impairment which will bring down the financial performance.

“Once we have moved everything to the bank, there will be a restructuring exercise to make the subsidiary a holding company and thus making the bank a listed entity,” he told reporters at MBSB’s AGM in Kuala Lumpur yesterday.

MBSB’s road to becoming a full-fledged Islamic financial institution follows its RM644.95 million acquisition of Asian Finance Bank Bhd in February last year.

It has been given three years by the central bank to conclude the conversion or disposal of its conventional portfolios.

“It will open up a lot of opportunities once we are a Shariah-compliant stock as it will be easier to attract investments,” he said.

For its financial year ending Dec 31, 2019 (FY19), Ahmad Zaini said the lender targets a loan growth of 5%, supported by its retail property portfolios.

“For our loan books, we have about RM7 billion approved and ready to be disbursed.

Our corporate customers are mostly property-based, so the disbursement will come in tranches and not in a single payment…unlike retail facilities, which can be done in three days once approved.

“Last year, the loan growth was about 3%, but with the revenue stream from our new businesses such as trade financing, treasury and wealth management services and products, we will be able to get higher loan applications,” he said.

Ahmad Zaini added that the bank’s non-performing loan ratio is expected to hover between 1.2% and 1.3% for FY19, while aiming for a net return on equity of 10%.

The recent reduction in the Overnight Policy Rate by BNM will benefit the lender’s customers as 63% of its portfolio are fixed rate-based.

“The benefit will only come next year because new facilities will have to be based on the market rate,” he said.

MBSB’s share price closed one sen or 1.06% higher at 96 sen, giving the Employees Provident Fund Board-controlled group a market capitalisation of RM6.1 billion.

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
03/09/2019 0.85 0.93 +0.08 (9.41%) HOLD MIDF
03/09/2019 0.85 1.10 +0.25 (29.41%) BUY KENANGA
03/09/2019 0.85 1.02 +0.17 (20.00%) BUY AmInvest