Tag page - equity infusion

Japanese firm Tokai Corporation is beefing up its shareholdings in Filipino-listed firm Repower Energy Development Corporation (REDC), which is into development of various renewable energy (RE) projects in the country. Tokai first subscribed into 65 million common shares of REDC, and that warranted...

Paragon Vertical Corporation, which is a subsidiary of e-Meralco Ventures Inc. (EMVI) of the Manila Electric Company (Meralco) group, is planning equity sell-down for 34.9-percent of its equity to affiliate Philippine Long Distance Telephone Co. (PLDT), the country’s telecom giant which is also...

Navegar, the largest private equity firm in the Philippines with over $300 million under management across two funds, is eyeing major investments in fast-growing businesses in the country over the next two years. Nori Poblador, Navegar’s co-founder and managing partner, said the Manila-based firm...

The tug-of-war between private hospitals and the Philippine Health Insurance Corporation (PhilHealth) rages on.  Amid a surging pandemic and calls from the Department of Health (DOH) for provision of more beds and facilities, hospital owners report that they are constrained to lay off health...