BDO Unibank, Inc., a member of the Sy family’s SM Group, is again issuing Peso-denominated Fixed-Rate ASEAN Sustainability Bonds with a minimum aggregate size of P5 billion. In a disclosure to the Philippine Stock Exchange, the bank said the net proceeds of the latest issuance will be used...
The legal counsel for the Television and Production Exponents Inc. (TAPE) was appalled by the decision of a Marikina court on the “Eat Bulaga” copyright infringement case filed by Tito and Vic Sotto, and Joey de Leon, known as TVJ, and Jeny Ferre against the company and GMA Network. In a...
The Yuchengco family’s holding company House of Investments (HI) is diversifying its business portfolio by strategically expanding into the financial services and property sectors. In a disclosure to the Philippine Stock Exchange, the firm said its diversification includes the P15.7 billion...
SAN FERNANDO CITY, La Union – The SM Foundation inaugurated its 107th school building at the South Central Integrated School here on Thursday, January 4. The two-story, four-classroom structure is a welcome addition to the community, alleviating the burden of overcrowding and provides a...
The Yuchengco family’s holding company, House of Investments (HI), continues to divest from former subsidiary EEI Corporation, this time with the sale of a 4.5 percent stake to a Singaporean firm. In a disclosure to the Philippine Stock Exchange (PSE), HI said it has sold 4.5 percent of EEI to...
The Securities and Exchange Commission (SEC) has approved the planned issuance by Century Properties Group Inc. (CPGI) of up to P5 billion worth of preferred shares subject to some conditions. In a disclosure to the Philippine Stock Exchange (PSE), CPGI said it has received the Pre-Effective Letter...
The Television and Production Exponents Inc. (TAPE) will file an appeal to overturn the decision of a Marikina court which barred it from using the trademarks “Eat Bulaga” and “EB.” In a decision dated Dec. 22 but was released on Jan. 5, the Marikina Regional Trial Court Branch 273...
Razon-led Manila Water Co. Inc. said it is on track to complete the Cayetano Pumping Station and Reservoir in Taguig City by 2025, a move that will help reduce its reliance on Angat dam as the main water source. In a statement, Jeric Sevilla, Manila Water corporate communication affairs director,...
Chemrez Technologies Inc., a wholly owned subsidiary of D&L Industries and the country’s pioneer in green chemistry, is bullish after the publication of the Department of Energy's (DOE) draft circular which lays down the guidelines on the increase in biofuel blend implementation. In a...
Richest Filipino Manuel B. Villar’s property development firm, Vista Land & Lifescapes Inc. is planning to raise up to $2 billion through wholly-owned subsidiary VLL International Inc. Vista Land, one of the country’s leading integrated property developers and the largest homebuilder,...
Megaworld Corporation and its real estate investment trust MREIT Inc. have agreed to move back their planned asset-for-share swap to May 31, 2024 from the original target of sometime in the third quarter of 2023. In a disclosure to the Philippine Stock Exchange (PSE), MREIT said this is regarding...
BDO Unibank Inc. (BDO) announced that it has completed its buyout of the interests of Keppel Philippines Properties Inc. and Opon-KE Properties Inc. (the Keppel Group) in SM Keppel Land Inc. (SM Keppel). In a disclosure to the Philippine Stock Exchange (PSE), the bank said this follows the...
