PLDT eyes redevelopment of Makati buildings


Posted at Jan 03 2018 12:04 PM

MANILA - PLDT Inc said Wednesday it was studying redevelopments to its 2 buildings in Makati City as part of plans to relocate its headquarters.

The Ramon Cojuangco Building and the adjacent Makati General Office are located along Ayala Avenue, at the heart of the Makati financial district.

PLDT told the stock exchange that Japan's NTT Group was being considered for the redevelopment. 

Shares of PLDT were up 1.69 percent to P1,505 in early trading, compared to a 1.57-percent advance in the main index.