First Philippine Holdings Corporation bagged a gold award for its maiden entry to the 6th Asia Sustainability Reporting Awards (ASRA) held by CSRWorks International, a Singapore-based sustainability services firm. In a statement, First Philippine Holdings said its 2020 Integrated Report earned the...
First Philippine Holdings Corporation, the investment arm of the Lopez Group of Companies, is more than tripling its capital expenditures budget this year to P50 billion from the P15 billion actually spent in 2020. During the firm’s annual stockholders’ meeting, FPHC President Francis Giles...
Trading at the stock market this week is seen to be volatile due to a confluence of factors including earnings reports from some blue chip companies. Photo credit: https://www.pse.com.ph “A shortened trading week (EDSA Revolution Anniversary on February 25) interspersed with earnings...
Theirs is an exceptional story of a family-led conglomerate that had to rise from the rubble – not just once, twice or thrice but maybe even more – that’s because of the wretch of politics often infringing on their businesses, be it in the power sector or in their television network. Oscar M....
Lopez Holdings Corporation has withdrawn its petition for voluntary delisting, which was filed with the Philippine Stock Exchange (PSE) on December 14, 2020 after sister company First Philippine Holdings Corporation reduced its tender offer size. In a disclosure to the PSE, FPHC amended...
First Philippine Holdings Corporation (FPH) is reducing the shares of Lopez Holdings Corporation it intends to buy through a tender offer to ensure that the public float does not fall below the minimum required to remain listed. In a disclosure to the Philippine Stock...
Lopez Holdings Corporation has formally filed a petition for voluntary delisting of its 4.63 billion common shares from the main board of the Philippine Stock Exchange (PSE). In a disclosure to the Philippine Stock Exchange, the firm said the delisting is conditioned on the public float...
The board of directors of First Gen Corporation approved the declaration of cash dividends on array of its preferred shares that shall be paid to its shareholders by January next year. The company, in its disclosure to the Philippine Stock Exchange (PSE), stated that it will extend cash dividend of...
While there is still momentum in the local stock market from last week’s rally, its sustainability will hinge on whether there will be more positive news on COVID-19 vaccines and the US stimulus package. BDO Chief Market Strategist Jonathan Ravelas said that, after hopes of a vaccine fueled last...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
Even in the midst of a pandemic, the employee-volunteers of First Gen Corporation had not passed up on a virtuous chance to raise thousands of pesos for a charity drive to help indigents in Batangas, part of the community hosting the company’s power projects. The platform they employed was a...
