Filipino-led renewable energy (RE) firm NexGen Energy Corp. (XG) had secured regulatory approvals for its initial public offering (IPO), which will wind up at its July 16 listing at the local bourse. The company announced that it cornered both the go-signal of the Securities and Exchange Commission...
Recent rainfall in Luzon failed to raise water levels at Metro Manila's two primary water sources, west zone concessionaire Maynilad Water Services, Inc. said. According to the latest monitoring report from Maynilad as of Monday, June 10, both the Angat and Ipo dams experienced a decrease in water...
Renewable power pioneer Alternergy Holdings Corp. (Alternergy) said it raised over P20 billion in 15 months since its initial public offering (IPO) in March 2023. This capital is aimed to fund the accelerated construction of up to 204 megawatts (MW) of new capacity targeted to come online by 2025,...
Filipino firm NexGen Energy Corp., a subsidiary of Tiu-led Pure Energy Holdings Corp. (PEHC) is planning to pursue initial public offering (IPO) to partly raise project funding for its targeted 2,350-megawatt renewable energy (RE) development pipeline. According to the company, its blueprinted...
The Securities and Exchange Commission (SEC) has issued guidelines which includes requiring companies planning initial public offerings to disclose cornerstone investors in line with efforts to boost investor participation in the capital market. The Commission on April 11 issued SEC Memorandum...
The Department of Finance (DOF) is exploring changes to the charters of the Land Bank of the Philippines and the Development Bank of the Philippines (DBP) to pave the way for their potential public listing. Finance Secretary Ralph G. Recto, speaking at a reception hosted by the Philippine Stock...
West zone concessionaire Maynilad Water Services, Inc. has urged consumers to conserve water following the announcement of the latest Angat Dam and Ipo Dam levels in Bulacan. In a statement, Maynilad said Angat Dam is currently at 213.07 meters, slightly lower by 0.57 meters than last week, while...
The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) on Sunday, Dec. 24 said spilling operations at Angat Dam in Bulacan are still ongoing as the dam’s water level continues to rise. (PAGASA) As of 8 a.m., the water level of Angat Dam was 213.39 meters or...
The water level of Bulacan’s Angat Dam increased "gradually" over the past 24 hours, from 213.22 meters to 213.31 meters, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Thursday, Dec. 21. Angat Dam (Mark Balmores/ Manila Bulletin) PAGASA said the...
The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) said the spilling operations at the Angat and Ipo dams in Bulacan ceased on Thursday, Dec. 7. Angat Dam (Mark Balmores/Manila Bulletin) “With this development and with no significant forecast rainfall...
Angat Dam (Mark Balmores/Manila Bulletin) The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) urged residents near the Angat River to prepare for possible flooding as Angat Dam and Ipo Dam in Bulacan are set to release water on Thursday, Nov. 30. “The water...
Manila Water Co. reported that Angat and Ipo Dams have gradually decreased this week since Monday, Sept. 25. As of 6:00 AM, it was observed that Angat Dam’s current level is at 207.30 meters, or 0.06 meters lower compared to Thursday. While Ipo Dam stood at 100.47 meters, a little beneath...