Home » Articles » Business

Ayala Corporation ratification of incorporation of Livelt Global Services Management Institute, Inc. and other updates

At the regular meeting of the Board of Directors of Ayala Corporation held today, the Board ratified the approval by its Executive Committee of the following actions:
  1. The incorporation and registration with the Securities and Exchange Commission of their new subsidiary, Livelt Global Services Management Institute, Inc., whose primary purpose is to provide services oriented towards the promotion of service management, such as providing training and instruction on developing specific skills desirable for employment in information technology - business process outsourcing (IT-BPO), hotels, restaurants, banking, accounting and similar sectors.
  2. Their execution of a memorandum of agreement with Aboitiz Equity Ventures, Inc. to form a 50-50 joint venture that will participate in the bidding for the construction, rehabilitation, operation and maintenance of the Mactan-Cebu International Airport Passenger Terminal located at Mactan Island, Cebu, under the Public Private Partnership Program of the Philippine Government. This was the subject of their disclosure on September 7, 2012.
  3. The sale on the Philippine Stock Exchange of the 15,000,000 common shares held in treasury at a price of Php430 per share, which was the subject of their disclosure on July 17, 2012.
- https://www.affordablecebu.com/
 

Please support us in writing articles like this by sharing this post

Share this post to your Facebook, Twitter, Blog, or any social media site. In this way, we will be motivated to write articles you like.

--- NOTICE ---
If you want to use this article or any of the content of this website, please credit our website (www.affordablecebu.com) and mention the source link (URL) of the content, images, videos or other media of our website.

"Ayala Corporation ratification of incorporation of Livelt Global Services Management Institute, Inc. and other updates" was written by Mary under the Business category. It has been read 2137 times and generated 0 comments. The article was created on and updated on 14 September 2012.
Total comments : 0