Motorists and users of the country’s expressways will not be slapped with higher toll fees amid the pandemic. GpHjQKSjw3art-tugade Department of Transportation (DOTr) Secretary Art Tugade gave the assurance Tuesday night, Sept. 21,2021, after the signing of the Supplemental Toll Operations...
The board of directors of Aboitiz Power Corporation had given go-signal for the second tranche of the company’s bond issuance that is targeting to fetch proceeds of P12 billion. The P12 billion bond issue is part of the company’s P30 billion shelf registration program that was approved by the...
The Securities and Exchange Commission (SEC) is warning the public to be careful when dealing or transacting with corporations or entities that are not licensed or registered in the Philippines. The SEC said it has received numerous inquiries regarding the implications of transacting with...
The Securities and Exchange Commission (SEC) has ordered R.L. Aggregates and Diversified Lending Group, Inc. to stop soliciting investments from the public through a fraudulent scheme. In an order issued July 26, the SEC ordered R.L. Aggregates to immediately cease and desist from engaging in the...
Ayala-led AC Energy Corporation (ACEN) is eyeing to fetch $400 million in gross proceeds from its issuance of senior guaranteed undated green bonds with non-callable 3.5-year fixed-for-life or non-deferrable term. ACEN Logo In a media statement, the Ayala firm emphasized that the green bonds had...
The Securities and Exchange Commission is warning the public not to invest in the schemes being offered by Money Game Hub or MGH Trading OPC as they do not have the necessary license to solicit investments. “Those who act as salesmen, brokers, dealers or agents of MONEY GAME HUB / MGH TRADING OPC...
The tender offer (TO) of the common shares of First Gen Corporation that can be unloaded or sold by its outstanding shareholders had been priced at P33 per share, according to a report filed by bidder Philippine Clean Energy Holding Inc. with the Securities and Exchange Commission. “The tender...
The Court of Appeals (CA) has upheld the Securities and Exchange Commission’s issuance of a cease and desist order against Planpromatrix Online Co. to bar it from soliciting investments from the public without the necessary license. In its decision, the CA Special 10th Division affirmed the...
Lopez-led First Gen Corporation will be unloading approximately 8.7 percent of aggregate issued and outstanding common shares via a tender offer process that its prospective taker will be applying with regulators soon. In a formal notice, investor Philippines Clean Energy Holdings Inc. (PCEHI) has...
The supply and capacity of public transportation remains the same as the National Capital Region (NCR), Laguna, and Bataan are downgraded to modified enhanced community quarantine (MECQ) from August 21 to August 31, the Department of Transportation (DOTr) today, August 20, announced. DOTR123 Only...
The Securities and Exchange Commission (SEC) has approved the P988 million follow-on offering (FOO) of Apollo Global Capital, Inc. and the P3 billion fixed-rate bond offering of Phinma Corporation. In its meeting last August 5, the Commission En Banc resolved to render effective the...
The Department of Transportation (DOTr) will retain the current public transport supply and capacity in the National Capital Region (NCR) during the August 6 to August 20 enhanced community quarantine (ECQ) although they can only be used by Authorized Persons Outside Residence (APORs). DOTr...
