Century Properties Group, Inc. has set the rate for its 5-year fixed rate bond at 5.7524 percent per annum prior to a public offering that aims to raise up to P3 billion. “We are happy with the strong capital markets condition allowing us to price the issuance at the tighter end of the range of...
Figaro Coffee Systems, Inc. (FCSI), a wholly-owned subsidiary of Figaro Coffee Group, Inc. (FCG), registered record revenues and net income last year amid the pandemic. In a disclosure to the Philippine Stock Exchange, FCG said FCSI posted a 274 percent surge in unaudited net income before tax to...
Restaurant chain operator Figaro Coffee Group, Inc. (FCG) is moving forward with its expansion plans this year with the opening of 41 stores on its three brands as it sees the economy reopening this year. In a disclosure to the Philippine Stock Exchange, the firm said it plans to open 29 Angel’s...
The Securities and Exchange Commission (SEC) has approved the planned public offering by Century Properties Group Inc. (CPGI) of P6 billion worth of fixed-rate bonds under shelf registration. In its meeting on Jan. 25, the Commission En Banc resolved to render effective the registration statement...
Figaro Coffee Group, Inc. (FCG) successfully listed its shares at the Philippine Stock Exchange with its share price closing a notch higher at P0.77 apiece from its initial public offering price of P0.75 per share. FCG’s share price hit a high of P0.89 intraday, up 18.7 percent from its IPO price...
Century Properties Group, Inc. is planning to raise up to P3 billion from a planned public offering of fixed rate retail bonds for refinancing and funding of its capital expenditures. The Securities and Exchange Commission said it has received the registration statement of CPGI for the public...
Stock brokerage CTS Global Equity Group, Inc. is planning to raise up to P1.38 billion from a planned initial public offering to fund its expansion overseas. Documents filed with the Securities and Exchange Commission show that the firm plans to offer 1.375 billion common shares equivalent to 20...
Figaro Coffee Group, Inc. has set the price of its planned initial public offering at P0.75 per share, much lower than its maximum indicative price of P1.28 per share for an offering size of P767.4 million. In a disclosure to the Philippine Stock Exchange, Figaro said it is also reducing the IPO...
The Philippine Stock Exchange, Inc. (Exchange) has approved the application of Figaro Coffee Group, Inc. (FCG) for the listing of the company's shares, including shares for its P1.78 billion initial public offering. In a statement, Figaro said it will be listing 5.01 billion common shares,...
Known for high quality food production, which has kept it around for 28 years, Figaro Coffee Group is able to support large institutional client’s requirements PAINSTAKING PROCESS Shot of coffee beans being cooled in Probat Observing growing businesses from the outside, one might surmise that it...
2GO employee getting his COVID-19 vaccine The Philippine’s largest transportation and logistics provider, 2GO Group, Inc., completed its COVID- 19 vaccination drive after inoculating 96 percent of its workforce. “As a company operating in an essential industry, transporting passengers and...
Max’s Group Inc., the Philippines’ largest casual dining group, has recently named its former Group Chief Operating Officer and marketing veteran Ariel P. Fermin as its new president. Fermin takes over from Roberto F. Trota and will now be in charge of the overall commercial and operational...
