Attorney Armi Ballaran-Rabelas shares why she is bullish with her food franchises from the Figaro Coffee Group Much like any profession, it requires years of experience for one to be successful regardless of what industry one may be in. For Atty. Armi Ballaran-Rabelas, she has always been in the...
The Philippine Stock Exchange has approved the planned P1.77 billion initial public offering of Figaro Coffee Group, Inc. (FCG), the last company to conduct an IPO this year. The firm is selling 1.26 billion primary shares and up to 126 million over-allotment shares at a price of up to P1.28 per...
Photo (from left) Asia Pacific Regional Director of Believe Sylvain Delange Viva Music and Artist Group Inc's CEO Vic Del Rosario Jr and Viva Records President Verb Del Rosario PARIS - Believe, one of the world’s leading digital music companies, has concluded a strategic partnership with Viva...
The Securities and Exchange Commission (SEC) has approved three public share offerings -- Figaro Coffee Group, Inc., Citicore Energy REIT Corp. (CREIT) and, Arthaland Corporation -- worth almost P15 billion. Figaro initial public offering will consist of up to 1.26 billion common shares priced at...
Century Properties Group, Inc. (CPGI) and Mitsubishi Corporation are eyeing a longer and broadened partnership thru their joint venture company PHirst Park Homes, Inc. (PPHI) with the aim of building more residential and non-residential projects. “Our idea here is to increase and broaden our...
2GO Group Inc.’s business arm 2GO Sea Solutions, the leader in domestic freight transportation in the Philippines, aims to boost supply chain efficiency to support the country’s commerce and trade as the economy reopens. In a statement, the company said it has recently optimized its route...
Alliance Global Group, Inc. (AGI), the investment arm of tycoon Andrew Tan, posted a hefty 173 percent jump in net income to P17.3 billion in the first nine months of 2021 from P6.4 billion during the same period last year. In a disclosure to the Philippine Stock Exchange, the firm attributed its...
Max’s Group, Inc., the Philippines’ largest casual dining restaurant group, reported a net income of P235 million in the first nine months of 2021, a strong reversal from the net loss of P982 million in the sam period last year. In a disclosure to the Philippine Stock Exchange, the firm said it...
Cebu-based retailer Metro Retail Stores Group Inc. (MRSGI) narrowed its losses to P306.41 million in the first nine months of 2021 from a net loss of P421.87 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said that quarter-on-quarter, MRSGI tapered...
LT Group, Inc. posted a 38 percent drop in attributable net income to P9.95 billion for the first nine months of 2021 from the P16.10 billion reported for the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “The decline is mainly due to the higher provisioning...
Figaro Coffee Group Inc., a local coffee shop and restaurant chain owner, is planning to raise up to P1.77 billion from a planned initial public offering to its expansion and acquisitions. Based on the firm’s registration statement filed with the Securities and Exchange Commission, Figaro is...
As the pandemic continues to disrupt mobility, integrated supply chain enterprise 2GO Group Inc., ensures unhindered flow of goods via its Sea Solutions. Currently, 2GO services a total of 18 ports of call nationwide. As of mid-2021, 2GO delivered 97,173 twenty-foot equivalent units (TEU) using its...
