The Ayala Group of Companies accounted for a quarter of the 32 Philippine publicly listed companies (PLCs) recognized during the recently held 2021 ASEAN Corporate Governance Scorecard (ACGS) awards. These firms are Ayala Corporation, Ayala Land, Inc., Bank of the Philippine Islands, Globe Telecom,...
The Securities and Exchange Commission (SEC) continues its crackdown against firm’s illegally soliciting investments from the public and operating Ponzi schemes to defraud Filipinos of hard-earned money during these hard times. In various orders issued recently, the corporate watchdog has issued...
The Securities and Exchange Commission issued a warning to the public to stop, or not to invest, in any scheme being offered by OTCJKE, OTC Automated Trading Platform, and JKE International Limited. “Based on information received by the Commission, individuals claiming to represent OTCJKE/OTC...
The Securities and Exchange Commission (SEC) has ordered Sophia Francisco Holding OPC and BeastnessAllDay Corporation to stop soliciting investments from the public, as part of its crackdown against illegal investment schemes. The investment schemes of BeastnessAllDay and Sophia Francisco Group...
The Securities and Exchange Commission (SEC) is offering an additional payment option to the transacting public through an enhanced partnership with the Land Bank of the Philippines (LANDBANK). The Commission signed an amended Memorandum of Agreement (MOA) with LANDBANK to allow for payments for...
The Securities and Exchange Commission (SEC) celebrated its 86th anniversary by recognizing individuals and organizations that have helped it champion the development of the corporate sector and further deepening of the capital markets. In its first face-to-face celebration since the pandemic, the...
The Securities and Exchange Commission (SEC) has busted the operations of Silverlion Livestock Trading Corp. in Zamboanga City as it continues the crackdown against unauthorized investment schemes. In a joint operation, the combined forces of the SEC Zamboanga Extension Office (ZEO) and the...
The Securities and Exchange Commission (SEC) is warning the public against investing in Frutas Comida Zamboanga, which has been offering guaranteed returns of 20 percent per month on social media. In an advisory, the SEC flagged the investment solicitation activities of Frutas Comida, as the group...
The Securities and Exchange Commission (SEC) has approved the bond offerings of San Miguel Corporation (SMC) and Aboitiz Equity Ventures, Inc. (AEV) that will raise up to P90 billion for the two firms. The Commission En Banc resolved to render effective the registration statement of SMC for up to...
The Securities and Exchange Commission (SEC) reported that it has received another recognition from the United Nations Conference on Trade and Development (UNCTAD) for promoting sustainability and sustainable development goals (SDG) reporting in the Philippines. The SEC received the ISAR Honours...
The Securities and Exchange Commission (SEC) has approved the planned P1.89 billion initial public offering (IPO) of Alternergy Holdings Corporation. The Commission En Banc has resolved to render effective the registration statement of Alternergy Holdings covering 4.32 billion common shares,...
The Securities and Exchange Commission (SEC) has made permanent its order stopping AlphanetWorld Corporation, which has been doing business under the name NWorld, from soliciting investments from the public without the necessary license. In a resolution, the Commission En Banc denied for lack of...
