NEWS AND UPDATES

Paranaque City, Philippines, February 20, 2020 — D.M. Wenceslao & Associates, Incorporated (PSE: DMW) reports net profit attributable to equity holders of P2.37 billion in 2019, 24% higher than the prior year on strong revenue growth and focused cost management. Operating profit expanded 65% to P2.27 billion. Cash flow from operating activities rose to P3.83 billion from P1.05 billion.
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Paranaque City, Philippines, February 18, 2020 — D.M. Wenceslao & Associates, Incorporated (PSE: DMW) signs a memorandum of understanding (MOU) with St. Luke’s Medical Center to enter into a 50-year lease agreement for a 13,896-square meter (sq.m.) parcel of land in Aseana City.
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Parañaque, Philippines – Christmas is undeniably that special time of the year when everyone and everything just goes extra. Throwing on a Christmas light display on streets with a few thousands of LED bulbs will make one plan an entire trip around these spectacles. Well, Aseana City should definitely be on your list of streets to take your Christmas road trip to the next level. (more…)

Manila, Philippines – Aseana Residential Holdings Corp. (ARHC), the residential arm of D.M. Wenceslao and Associates, Inc. (DMWAI), recently inaugurated its first residential development, the Pixel Residences located at the heart of DMWAI’s flagship mixed-use estate, Aseana City. Graced by the company’s management team, consultants, and several unit owners, the inaugural program signified the realization of the vision to provide livable spaces to a growing Manila Bay residential niche. (more…)

Manila, Philippines – Following the success of its first condominium project, Pixel Residences, D.M. Wenceslao and Associates, Inc. (DMWAI) capped off the first quarter of the year (more…)

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