Never waste good crisis: ALI beefs up war chest

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Originally published byPhilippine Daily Inquirer

Property giant Ayala Land Inc. (ALI) is tightening its balance sheet and building up financial firepower as it prepares to seize acquisition opportunities in a more challenging environment. In an exclusive interview with the Inquirer, chief financial officer and treasurer Jose Emmanuel Quimpo said the Zobel-led property developer was deliberately preserving “dry powder” by keeping […]...

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