Cebu Air Inc., the firm behind carrier Cebu Pacific, has set the price range for its planned P12.5 billion rights offering of convertible preferred shares mainly to pay for debt. In a disclosure to the Philippine Stock Exchange, Cebu Air said the offer price range for...
The Philippine Stock Exchange is cautiously optimistic that the local stock market will perform better in 2021 and expects at least 10 companies to raise funds via the bourse through public offerings of stocks. “For 2021, we look forward to a better market performance on expectations that...
Cebu Air Inc., the carrier operating under the name Cebu Pacific (CEB), has secured the approval of its shareholders for plans to raise about US$500 million from the issuance of convertible bonds and preferred shares. In disclosures to the Philippine Stock Exchange, the firm said its...
Gokongwei-led JG Summit Holdings, Inc. (JGS) reported an improvement in earnings for the third quarter of the year compared to the first half as the Philippine economy progressively opens up despite the COVID-19 pandemic. In a disclosure to the Philippine Stock Exchange, the firm...