RSS

ALI to open 8 new malls until 2016

20 Jan

BY UNICAPITAL SECURITIES

Ayala Land Inc. (ALI) is expanding its mall network with 8 new malls that the firm is planning to open until 2016.

One of these malls will be located in Legazpi, Albay through a partnership with Bicol-based LCC group. The mall is expected to open within the year.

Make SMART investment decisions! Be guided by top stockbrokers in the Philippines!

ALI is looking to spend PHP 100 billion in capital expenditures this year to support the firm’s “aggressive growth trajectory” as part of its 2020 Vision program, which aims to achieve a 20% annual growth in the next 6 years.

Advertisements
 
Leave a comment

Posted by on January 20, 2015 in ALI, Corporate News, Stock Market

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: