Lopez Holdings Corp. will hold its Annual Stockholders’ Meeting virtually over AGM@Convene on August 5, 2021. Stockholders who wish to participate via remote communication must first register, and vote electronically or via proxy. Related documents may be found at the company website at <...
The subsidiary of Global Ferronickel Holdings, Inc. (FNI), the third-largest nickel ore producer in the Philippines , has scored a win against Mayor Jean Feliciano of Brooke’s Point, Palawan after years of legal battle. In a decision, the Office of the Ombudsman has found Feliciano guilty of...
PAL Holdings Inc. (PHI) Thursday, (June 17) reported a net comprehensive loss of P73 billion on total revenues of P55.3 billion and total expenses of P81.8 billion for the 2020 calendar year. PAL Holdings managed to reduce its expenses by 46 percent versus 2019. However, this was offset by a 64...
Due to health and safety concerns associated with the COVID-19 pandemic, Top Frontier Investment Holdings, Inc. will not hold a physical meeting of the Annual Stockholders’ Meeting (ASM). The Company will conduct the ASM via livestream at the Company’s website and will publish the Notice...
The Securities and Exchange Commission (SEC) has approved the planned public offerings of P51.81 billion worth of securities by San Miguel Corporation (SMC) and Cirtek Holdings Philippines Corporation. In its meeting on June 15, the Commission En Banc resolved to render effective the registration...
Cirtek Holdings Philippines Corporation is planning to raise up to P3.5 billion from the issuance of non-voting and non-convertible Peso-denominated perpetual preferred shares. In a disclosure to the Philippine Stock Exchange, the firm said the planned issuance has been approved by its Board of...
Due to health and safety concerns associated with the COVID-19 pandemic, Top Frontier Investment Holdings, Inc. will not hold a physical meeting of the Annual Stockholders’ Meeting (ASM). The Company will conduct the ASM via livestream at the Company’s website and will publish the Notice...
Metrobank and GT Capital Holdings Inc. Group are expecting 400,000 doses of COVID-19 vaccines that will be made available for employees of each of the Ty-led group of companies, which includes Toyota Motor Philippines, Federal Land, AXA Philippines, Philippine Savings Bank among others. The...
Empire East Land Holdings, Inc., a unit of Megaworld Corporation, remains optimistic as it reported an 8.3 percent improvement in total booked sales to P4.26 billion last year even though net income was pulled down to P524 million by the pandemic. 11276 “Our performance for the year still...
ERC hints ‘pricing play’ The country’s giant power firms have been tagged as the culprits in last week’s rotational brownouts with “forced outages’ of their power plants going beyond the time allowance prescribed by the Energy Regulatory Commission (ERC). In a Congressional hearing on...
Marcventures Mining and Development Corporation (MMDC), a subsidiary of listed nickel miner Marcventures Holdings Inc. (MHI), is targeting to ship 2.035 million wet metric tons (WMT) of nickel ore this year, higher than the 1.732 million WMT it shipped in 2020. In a statement, MMDC said that for...
Fruitas Holdings, Inc. (FRUIT) registered a net loss of P16 million in the first quarter of 2021, in line with the fourth quarter 2020 level, but a reversal from a net profit of P15 million in the first quarter last year. In a disclosure to the Philippine Stock Exchange, the firm noted that it...
