The Annual Stockholders' Meeting of House of Investments will be held on August 6, 2021 at 2:30 P.M. NOTICE OF ANNUAL STOCKHOLDERS’ MEETING NOTICE IS HEREBY GIVEN that the Annual Stockholders’ Meeting of HOUSE OF INVESTMENTS, INC. will be held on Friday, August 6, 2021 at 2:30 P.M., with...
The Securities and Exchange Commission (SEC) has upheld the findings of the Philippine Stock Exchange’s independent audit, surveillance and compliance arm against Venture Securities, Inc. (VSI) for violation of multiple trading rules. The PSE’s Capital Markets Integrity Corporation said these...
Stock broker Eusebio H. Tanco has formally declined his nomination as director of the Philippine Stock Exchange (PSE) for the Board elections on July 1 after his brokerage Venture Securities Inc. has been penalized by regulators in relation to illegal transfers of shares worth P700 million. In a...
The Securities and Exchange Commission (SEC) has also revoked the license of R&L Investments, Inc., as well as disqualified its key officers and the owner of the account used to siphon off P700 million worth of client shares from the stock brokerage. In addition, the SEC special hearing panel...
The Securities and Exchange Commission (SEC) has revoked the license of Ventures Securities, Inc. (VSI) and slapped P32 million in penalties against the brokerage and its officers for the fraudulent transfer of P700 million worth of client shares from R&L Investments, Inc. An SEC special...
SM Investments Corporation (SMIC) has taken control over 2Go Group Inc. with the completion of the divestment of Dennis A. Uy from the company in favor the Sy family’s investment arm and Singapore private equity fund Archipelago Capital Partners Pte. Ltd. In a disclosure to the Philippine Stock...
Filipino-owned global firm Frabelle Fishing Corp. (FFC), the country's most integrated aquaculture and food company, is keen on establishing a tuna canning plant in India and expand its overseas operations in Vietnam and Papua New Guinea. FFC President Francisco Tiu Laurel said India is a very...
Metro Pacific Investments Corporation (MPIC) is interested in partnering with to other vaccine manufacturers globally to locally produce a COVID-19 vaccine as well as for other diseases since the Philippines has yet to produce a single vaccine of its own. “You know, if you're at it anyway, you...
Amid efforts to hasten economic recovery from the blow of the pandemic, President Duterte has invited Japanese businessmen to invest in the country's agriculture and digital economy sectors. President Rodrigo Duterte (File photo/Malacañang) Addressing the virtual international conference...
The Senate will work on passing soon the bills aimed at reviving the Philippine economy, such as the proposed amendments to the Public Service Act and to the Foreign Investment Act, among others. (Senate of the Philippines) Senate Majority Leader Juan Miguel Zubiri said senators agreed on this...
Six Philippine companies, led by the Sy family’s SM Investments Corporation and BDO Unibank, made it to Forbes Magazine’s 19th annual Global 2000 list. The list is an international ranking of the world's biggest, most-powerful and most-valuable companies based on an analysis of four metrics:...
Norwegian companies that are interested to inject fresh capital into the country’s renewable energy (RE) sector have been batting for the easing of legal restraints on foreign ownership, primarily on solar and wind installations. In a virtual launch of the Report on RE Opportunities in the...
