Solar Philippines founder Leandro Legarda Leviste has increased his stake in ABS-CBN Corporation to 10 percent—almost enough to entitle him a seat in the multi-media firm’s board of directors. In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN said Leviste’s LL Holdings Inc....
VisMin developer Cebu Landmasters Inc. is expanding its high-end residential business while biding its time for its planned public offering of shares of its real estate investment trust (REIT) for hotels and commercial properties. CLI Chairman and CEO Jose Soberano III During the firm’s annual...
Tycoon Andrew Tan’s firstborn Kevin Andrew L. Tan has been named president of their holding company Alliance Global Group Inc. (AGI) following the retirement of Kingson U. Sian from leadership roles in AGI, Megaworld Corporation, and Travellers International Hotel Group (TIHGI). Former AGI and...
BDO Unibank Inc. of the SM Group has committed to play its pivotal role in helping fuel national development and economic recovery by offering crucial support to companies amid changing market conditions. In a statement, the bank said it recognizes the expanding opportunities in utilities and...
Diversified engineering conglomerate DMCI Holdings Inc. reported that it has been awarded four prestigious titles at the 14th Asian Excellence Awards for its outstanding leadership, financial performance and commitment to investor relations. In a disclosure to the Philippine Stock Exchange...
Publicly-listed nickel mining firm NiHAO Mineral Resources International Inc. reported that its wholly-owned subsidiary Mina Tierra Gracia Inc. (MTGI) has entered into an operating agreement with Sorentomines Inc. In a disclosure to the Philippine Stock Exchange (PSE), NiHAO said the...
GCash, the country’s leading finance app, and its partner AB Capital Securities Inc. (ABSCI) has lifted the P20 broker’s commission fee in GStocks PH in a bid to further boost retail investor trading activity in the local stock market. In a statement, the firm said GStocks PH now offers a...
SM Hotels and Conventions Corporation (SMHCC), a member of the SM Group under SM Prime Holdings Inc., is opening 1,700 new hotel rooms in the next four years, largely in the provincial areas to serve the growing local tourism industry. In a statement, SM Hotels said it is adding over 1,400 hotel...
VISTAMALLS, INC. announced its 2024 Annual Stockholders' Meeting which will take place on June 24, 2024, Monday, at 10:00 A.M. Stockholders who intend to participate in the meeting via remote communication and to exercise their vote in absentia must notify the Corporate...
Roxas & Co. Inc. (RCI) has declined to identify the buyers of its treasury shares citing the Data Privacy Act and that these are not required to be disclosed to the Philippine Stock Exchange. During the firm’s annual stockholders’ meeting, a shareholder asked if 66.93 million treasury...
Ginebra San Miguel Inc. (GSMI), the hard liquor arm of San Miguel Corporation (SMC), reported a 17 percent year-on-year growth in consolidated revenues to P15.1 billion in the first quarter of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has sustained its momentum...
Renewable power pioneer Alternergy Holdings Corp. signed a green corporate loan with Banco De Oro Unibank, Inc. (BDO) to pursue the construction of its renewable energy projects in Rizal, Quezon, and Bataan. In a disclosure to the Philippine Stock Exchange (PSE), Alternergy said it secured P2...
