SM Prime Holdings Inc. has set the interest rates for its P10 billion Peso-denominated Series M, 2.5-year retail bond at 2.4565 percent due on 2023, and Series N, 5-year retail bond at 3.8547 percent due on 2026. In a statement, SM Prime said it issued an aggregate principal amount of P5.0 billion...
Greenergy Holdings Inc. (GREEN), the holding company of businessman Antonio Tiu, is putting up two new subsidiaries that will maximize opportunities in sectors that cater to the evolving needs of Filipino consumers especially during the pandemic. In a disclosure to the Philippine Stock Exchange,...
The board of directors of Ayala-led AC Energy Corporation (ACEN) has greenlighted the joint venture deal that the conglomerate’s energy investment arm will be cementing with Solar Philippines Power Project Holdings Inc. (SP) of millennial-businessman Leandro L. Leviste. In a disclosure to the...
Business tycoon Manuel B. Villar has emerged as the only Filipino listed in Bloomberg Billionaire Index, a daily ranking of the world’s top 500 richest people, amid the economic turmoil caused by the pandemic. Business tycoon Manuel B. Villar (FACEBOOK / FILE PHOTO / MANILA BULLETIN) Based on the...
SM Prime Holdings Inc. is planning to raise up to P10 billion from the issuance of bonds representing the second tranche of its Three-year Shelf Registration Debt Securities Program (DSP) of up to P100.0 billion Philippine Rating Services Corporation (PhilRatings) said it has assigned the...
The Department of Environment and Natural Resources (DENR) had just started its post-Typhoon Ulysses audit of all quarry and crushing plant operations in Rizal, but listed ATN Holdings Inc. (AHI) is already calling on the government to lift the suspension on the operations of its crushing plant in...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
The Makati Medical Center (MMC), the country’s leading healthcare and medical provider, said it will maintain its close to P1 billion expansion program for 2021 they had set even before the pandemic as they move to add more facilities, equipment, and bring its services offsite to serve more...
Robinsons Retail Holdings, Inc. reported a 13.9 percent drop in attributable net income to P2.4 billion in the first nine months of 2020 due to the impact of quarantine restrictions imposed to stem the spread of COVID-19. In a disclosure to the Philippine Stock Exchange, RRHI noted though...
The University of the Philippines Men’s Basketball Team (UPMBT) got another shot-in-the-arm after renewing its partnership with staunch backer Januarius Holdings, Inc. and its subsidiary STATS Performance Apparel for the next two UAAP seasons. The company’s support has been instrumental in the...
Ayala-owned AC Energy Philippines (ACEN) has executed a new subscription agreement with subsidiary Ingrid Power Holdings Inc. for the parent firm to purchase specified number of shares; then the proceeds of that transaction will bankroll the first phase of the latter’s 300-megawatt Pililla...
The Global Filipino Investors Inc. (TGFI), a group led by entrepreneur and housing tycoon Januario Jesus Atencio, is helping Filipinos take advantage of the capital market rut due to the pandemic in anticipation of an economic recovery. Januario Jesus Atencio TGFI is bringing together powerhouse...
