Roxas and Company, Inc. (RCI) has warned Nasugbu Mayor Antonio Jose Barcelon of “possible legal action” for issuing inaccurate and "malicious" statements against company. In two separate letters addressed to the mayor's office, RCI refuted Barcelon's earlier claims that were posted on his...
The Philippine Stock Exchange (PSE) has approved the application of Roxas Holdings Inc. (RHI) for a nine-day voluntary suspension of the trading of its stocks following the planned takeover of young tycoon Leandro Leviste. In its letter to the PSE, RHI said it sought a trading suspension to avoid...
Young billionaire Leandro Leviste’s Countryside Investments Holdings Corporation has signed a term sheet with tycoon Manuel V. Pangilinan to invest P5 billion for an initial 71.6 percent in Roxas Holdings Inc. Countryside’s investment will help Roxas Holdings service debt to avoid bankruptcy,...
Roxas and Company Inc. (RCI) is facing more financial challenges as the municipality of Nasugbu, Batangas announced that it is seeking the collection of unpaid real property taxes and may foreclose Haciendas Palico, Banilad, and Kaylaway (the Roxas Haciendas) if these are not paid. The announcement...
Roxas and Company, Inc. (RCI) reported today, May 8, that its independent director Aurelio Montinola III has resigned after the firm disclosed the day before, May 7, that his wife has acquired a significant amount of the firm’s shares at a discounted price of P500 million. In a disclosure to the...
Cash-strapped Roxas and Company, Inc. (RCI) has received a much-needed P500 million capital infusion from Stonebridge Corporation, a company chaired by Gizela Gonzalez-Montinola. RCI has investments in real estate through Roxas Land Corporation and sugar milling through a minority interest in Roxas...
Businessman Leandro Leviste has acquired a 7.55 percent stake in cash-strapped Roxas and Company, Inc. (RCI) to become its largest individual shareholder a week after announcing plans to make investments to help local communities in Batangas. Leviste disclosed to the Securities and Exchange...
ILOILO CITY – The lawyer known as “Pinoy Aquaman” brought his marine protection advocacy after a 10.8-kilometer swim to Roxas City, the capital of Capiz province. LAWYER Ingemar Macarine, dubbed the ‘Pinoy Aquaman,’ swims to the shore of Roxas City from the island-barangay of Olotayan on...
ILOILO CITY – Classes in Roxas City were suspended on Thursday and Friday, March 14 and 15, due to a heat wave. CLASSES were suspended in Roxas City, Capiz due to a heat wave. (FB) Mayor Ronnie Dadivas issued Executive Order No. 11, Series of 2024, suspending classes in public and private schools...
ILOILO CITY – A government housing project built by the National Housing Authority (NHA) has become the relocation site for victims of a recent fire in Barangay 7, Roxas City, Capiz province. FIRE victims move into their new homes at Tanza Ville Subdivision in Roxas City, Capiz province....
Central Azucarera Don Pedro Inc. (CADPI), a wholly-owned sugar mill subsidiary of the First Pacific Co.-controlled Roxas Holdings Inc., announced that it has permanently closed its business operations effective on Feb. 28, 2024 due to serious business losses and the government’s sugar...
ILOILO CITY – Two people died in a fire in a residential area in Roxas City, the capital of Capiz province, on Tuesday afternoon, February 27. Roxas City Mayor Ronnie Dadivas confirmed the death of two senior citizens in an official statement released via his official Facebook page. SMOKE rises...
