In view of the Covid-19 global pandemic and to ensure the safety and welfare of our shareholders and participants, the meeting will be held virtually on Thursday, 24 June 2021, at 2:00 P.M. The livestream may be accessed through the Company’s website at: ...
A Thai-owned agri-industrial and food conglomerate has joined the Philippine government in its mission to revive the country’s swine industry, which had been adversely affected by the African Swine Fever (ASF) crisis. CRUCIAL PACT -- Thai-based agri firm Charoen Pokphand Foods Philippines...
Primewater Infrastructure Corporation, the water utility firm of the Villar Group, is boosting the capacity of water districts while helping them improve the quality of their services by injecting much-needed capital and technical know-how. With the mandate to provide safe and potable water to all...
The Philippine stock market jumped on the passage of the pandemic relief law and the start of month’s end window-dressing. The main index surged 144.53 points or 2.33 percent to close at 6,341.24 as share prices rose across the board. Volume also spike to 1.26 billion shares worth P13.09 billion...
Food and beverage firm Monde Nissin Corporation announced that its P54.89 billion initial public offering has been “multiple" times oversubscribed. The firm offered 3.6 billion of its common shares at P13.50, with an over allotment option of a further 540 million shares granted by the Selling...
The local stock market bounced as investors took their cues from gains in overseas markets. The main index rose 31.82 points or 0.52 percent to close at 6,196.71 although sectoral indices were evenly mixed. Advancers were led by blue-chip Holding Firms while miners were the biggest decliners....
Cirtek Holdings Philippines Corporation’s subsidiary Quintel USA is gearing up to ride on the 5G wave which is seen to propel the telecommunications industry for at least the next five years. “As the US auction on mid-band frequency has concluded with winning bidders announced and awarded last...
PHINMA Education Holdings, Inc. (PEHI), the education services subsidiary of PHINMA Corporation, has acquired Union College of Laguna (UCL) -- joining its roster as its ninth school in the Philippines. Union College of Laguna In a statement, PHINMA said UCL is the second in its Laguna network after...
The local stock market weakened as investors fretted over the possibility of higher US interest rates. The main index dropped 34.36 points or 0.55 percent to close at 6,164.89 as all indices retreated, led by the interest rate-sensitive Property sector. Volume was low with 1.09 billion shares worth...
After more than 20 years, the Securities and Exchange Commission (SEC) has finally secured the conviction of a stock broker involved the manipulation of the price of Best World Resources Corporation (BW) that started in October 1998. In a statement, the SEC said it has secured a fifth conviction...
Coconut products exporter Axelum Resources Corporation reported a 21 percent growth in net income to P146 million in the first quarter of 2021 from the P121 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said sales rose 22 percent to P1.47...
First Philippine Holdings Corporation, the investment arm of the Lopez Group of Companies, is more than tripling its capital expenditures budget this year to P50 billion from the P15 billion actually spent in 2020. During the firm’s annual stockholders’ meeting, FPHC President Francis Giles...
