Thanks to higher shipments, Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, saw its income surging to P640.8 million during the first half of the year, compared to the P195.8 million it had in the same period last year. As for revenues, the company saw a...
JG Summit Holdings, Inc. (JGS), one of the largest and most diversified conglomerates in the Philippines, registered a 19 percent growth in core net income to P1.7 billion for the first half of 2021. In a disclosure to the Philippine Stock Exchange the firm said higher core earnings came as the...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 12 percent growth in consolidated net income to P11.6 billion in the first half of 2021 from P10.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
Broadcasting firm Philippine Collective Media Corporation (PCMC) has formalized its plans for a back door listing at the Philippine Stock Exchange through Prime Media Holdings Inc. (PMHI). In a disclosure to the Philippine Stock Exchange, Prime Media said it has signed a Memorandum of Agreement...
Greenergy Holdings Inc., the listed holding company of businessman Antonio Tiu, has sealed its investment in ABS-CBN's fintech company U-Pay Digital Technologies Inc. In a disclosure to the Philippine Stock Exchange, the firms said it has completed its move to acquire 51 million shares of stock of...
Businessman Antonio Tiu has bought out a foreign investor in Greenergy Holdings Inc. for P415.5 million as part of pans to consolidate his ownership of Greenergy and AgriNurture, Inc. (ANI). In a disclosure yesterday, Greenergy said Tiu has acquired all the shares held by Thomaslloyd Cleantech...
Fruitas Holdings, Inc. is confident that its business will keep up its 2021 recovery momentum even as new protocols may emerge because of the potential spread of the Delta variant of COVID-19 virus. 20824 In a disclosure to the Philippine Stock Exchange, the firm said this confidence is rooted in...
The Keepers Holdings, Inc., the liquor importation and distribution firm of Lucio Co and formerly Da Vinci Capital Holdings, Inc., is planning to raise up to P7.5 billion through a follow-on offering. According to the Securities and Exchange Commission, the firm has filed its registration statement...
Basic Environmental Systems & Technologies, Inc. (BEST, Inc.), a wholly-owned subsidiary of publicly-listed IPM Holdings, Inc. (IPM), has opened the first of several engineered sanitary landfills in the country using the Public-Private Partnership (PPP) model. Located in Passi City, Iloilo, the...
Quintel USA, Inc., the Telecom Base Station Antenna unit under of Cirtek Holdings Philippines Corporation has extended its Master Supply Agreement with two major leading carriers in North America. 18642 In a disclosure to the Philippine Stock Exchange, Cirtek said “This extension allows Quintel...
Diversified conglomerate San Miguel Corporation (SMC) is coming clean on its next wave of energy investments, turning it s back on the industry’s old time favorite base coal plants to focus its fresh capital infusion into renewable energy (RE) installations. “We’re executing on our plans to...
