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UEM Development Philippines, a publicly-listed holding company taken over by Henry Sy Jr., is aiming to raise P30 billion through equity or debt issuances to fund its foray into large-scale infrastructure businesses and refinance obligations.
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The eldest son and namesake of retail tycoon Henry Sy is acquiring a 45.5 percent stake in publicly-listed investment holding company UEM Development Philippines in line with plans to expand his personal business portfolio to include infrastructure and public utilities.
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DEVELOPMENT PHILIPPINES

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abtest

Sy Jr's UEM Development eyes P30B through debt/equity issues

By Zinnia B. Dela Peña | December 22, 2010 - 12:00am

UEM Development Philippines, a publicly-listed holding company taken over by Henry Sy Jr., is aiming to raise P30 billion through equity or debt issuances to fund its foray into large-scale infrastructure businesses...

Business

Sy Jr acquires 45.5% of UEM Development Philippines

By Zinnia B. Dela Peña | September 3, 2010 - 12:00am

The eldest son and namesake of retail tycoon Henry Sy is acquiring a 45.5 percent stake in publicly-listed investment holding company UEM Development Philippines in line with plans to expand his personal business...

Business