Okada Foundation Inc. President James Lorenzana has been named the new chairman of Ferronoux Holdings Inc. following the resignation of Michael Cosiquien for Themis Group Corporation to take over control of the company. In a disclosure to the Philippine Stock Exchange, Ferronoux said Abel Almario...
Tycoon Michael Cosiquien is exiting Ferronoux Holdings, Inc., handing the reins of the company to backdoor-lister Themis Group Corporation and in exchange for P297 million. In a disclosure to the Philippine Stock Exchange, Ferronoux said Cosiquien’s ISOC Holdings Inc. has notified the company...
Themis Group Corporation is taking over control of Ferronoux Holdings Inc. from tycoon Michael Consiquien in a backdoor listing move via an additional subscription of shares and a swap for a P4.31 billion prime property beside Okada Manila. In a disclosure to the Philippine Stock Exchange,...
Drawing inspiration from iconic masterpieces and notable artists has always been a hallmark of Michael Cinco’s creative process. In the past, the Dubai-based Filipino fashion designer has produced a collection that mirrors the romantic paintings of Gustav Klimt. For his spring-summer 2023 line,...
Jed Pilapil Sy (left), former president Rodrigo Duterte (PPAB) The last quad-committee (quad-comm) hearing of the year has seemingly produced fresh allegations linking ex-president Rodrigo Duterte and his former economic adviser Michael...
Ferronoux Holdings Inc., a publicly listed shell company controlled by tycoon Michael C. Cosiquien, has sold a 23.4 percent stake to Themis Group Corporation, represented by lawyers. In a disclosure to the Philippine Stock Exchange (PSE), Ferronoux said its board of directors approved a private...
“Resplendenc”" is an extraordinary art exhibit that masterfully intertwines the worlds of sculpture and haute couture. This collaboration showcases the visionary talents of Michael Cacnio, a master sculptor known for his regal forms, alongside Robbie Santos, the creative genius behind Septième...
Ferronoux Holdings Inc., a publicly listed shell company controlled by tycoon Michael C. Cosiquien, is in discussions with potential investors as it considers various options, including the sale of the company. In a disclosure to the Philippine Stock Exchange (PSE), the firm said, “We have been...
The peso appreciated against the US dollar for the second consecutive day on Wednesday, Dec. 4, closing at a one-month high of 58.23, primarily driven by the expected surge in overseas remittances leading up to the Christmas holidays. The peso's closing rate jumped from the previous day's close of...
Michael Yang, former president Rodrigo Duterte’s former economic adviser, is clearly a central figure in Chinese intelligence operations in the Philippines, Senator Risa Hontiveros said on Tuesday, November 26. Hontiveros made the remark during the Senate Committee on Women, Children,...
CEBU CITY – Security was tightened at the City Hall here following the failed takeover attempt of the camp of dismissed Mayor Michael Rama last week. HEAVILY armed policemen have been deployed at the Cebu City Hall following last week’s tension filled incident caused by the takeover attempt of...
Aboitiz-led Union Bank of the Philippines (UnionBank) and the ATRAM Group have entered into an investment agreement to merge their respective trust subsidiaries. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank announced that it will hold a 27.5 percent ownership stake in ATR...
