Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
CEBU CITY – Thousands of residents in an island-barangay in Talibon, Bohol will benefit from a water system project that started on Monday, September 18. The potable water system that will use a solar-powered desalination technology will be built in Barangay Cataban. BOHOL Gov. Aris Aumentado...
Razon-led Manila Water Co. Inc. has submitted an application for extension of its concession agreement with the Metropolitan Waterworks and Sewerage System (MWSS) from 2037 to 2047. In a position paper dated Aug. 25, 2023 but was made public on Monday, Sept. 18, Manila Water is seeking...
The Government Service Insurance System (GSIS) is leasing out two real estate properties in Ortigas Center, Pasig City for over P83 million per year. According to a notice on the GSIS website, these properties are located at the intersection of Doña Julia Vargas and Meralco Avenue, Brgy. Ugong,...
Philippine Dealing System Holdings Corp. (PDS Group) has sealed a partnership with Asia’s leading Environmental, Social, and Governance (ESG) data and technology solutions company, STACS. The partnership will allow the PDS Group to utilize STACS’s ESGpedia platform to support corporate...
The Government Service Insurance System (GSIS) has sold its property in Sta. Mesa to the Social Housing Finance Corp. (SHFC) for the construction of an affordable high-rise condominium project. In a statement, GSIS President and General Manager Wick Veloso said that SHFC purchased the pension...
The Metro Manila Council (MMC) on Tuesday, Sept. 12, said the single-ticketing system (STS), while still on its pilot run, will soon transition into full implementation after the council is able to iron out issues on the digital payment services in the National Capital Region (NCR). The council...
The Department of Finance (DOF) said the Social Security System (SSS) initiatives effectively addressed the digitalization gap for disadvantaged members, particularly those in the informal sector like self-employed individuals who typically have limited access to its services. During the SSS’...
Metro Pacific Investments Corporation (MPIC) reported that its planned voluntary delisting will now push through after the bidders have obtained enough shares from a tender offer to bring down the firm’s public float to less than five percent. In a disclosure to the Philippine Stock Exchange...
State-run Government Service Insurance System (GSIS) has made it mandatory for all government agencies to join its program which offers increased credit limits, extended repayment periods, and simplified application requirements. This directive was issued through GSIS Memorandum Circular No. 048,...
The Government Service Insurance System (GSIS) assured that it will not be standing in the way of the planned voluntary delisting of Metro Pacific Investments Corporation (MPIC) as it intends to remain a shareholder of the conglomerate even if it is delisted. In a disclosure, MPIC said it was...
Instead of preparing to divest its stake in Metro Pacific Investments Corporation (MPIC), the Government Service Insurance System (GSIS) has been buying more shares to increase its stake in the conglomerate—enough to derail the management-led tender offer and delisting plan. In a disclosure to...
