Figaro Coffee Group Inc., a local coffee shop and restaurant chain owner, is planning to raise up to P1.77 billion from a planned initial public offering to its expansion and acquisitions. Based on the firm’s registration statement filed with the Securities and Exchange Commission, Figaro is...
The decision of the Metropolitan Waterworks and Sewerage System (MWSS) to remove the Foreign Currency Differential Adjustment (FCDA) from the water bills will have a different impact on the respective customers of Manila Water Company, Inc. and Maynilad Water Services, Inc. Unfortunately, it will...
pldt-logo-ver2 In the first nine months of the year, PLDT Inc.’s Consolidated Service Revenues (net of interconnection costs) rose 7 percent to ₱135.9 billion, driven by record-high service revenues of ₱46 billion in the third quarter. However, reported that its net income declined by 4...
Smart_500x500 Smart Communications Inc. (Smart) registered a three-fold increase in its 5G data traffic in the second and third quarter 2021 as average monthly data traffic grew by nearly 20 times. This developed as YouGov, a London-based international research data and analytics group, reported...
Century Pacific Food Inc. (CNPF), one of the Philippines’ leading branded food and beverage companies, reported a 21 percent improvement in net income to P4 billion for the first nine months of 2021 despite “cost pressures.” In a disclosure to the Philippine Stock Exchange, the firm said net...
AllDay Marts Inc. marked a successful debut at the Philippine Stock Exchange (PSE) with its share rising 50 percent to P0.90 apiece and hitting the ceiling of the trading band immediately upon listing. The firm raised P4.5 billion from its oversubscribed initial public offering (IPO) of 6.86...
ALI profits rise despite ECQ James A. Loyola Ayala Land Inc. (ALI) posted a 35 percent rise in consolidated net income to P8.6 billion in the first nine months of 2021 as business operations continued to improve despite the reimposition of stricter quarantine restrictions from August to September....
The share price of RL Commercial REIT, Inc. (RCR) hit at an all-time high, closing at P7.22 apiece on November 2 and 3, 2021. The record price is 11.94 percent higher than its initial public offering (IPO) price of P6.45 per share. The company market its successful debut at the Philippine Stock...
‘Music to move us forward from these darkest of times’ A powerful online musical made up of original songs by excellent Filipino musical artists, that is what M-FLIX promises to bring this month. Its virtual show, dubbed “M-FLIX 2021: Da Pinoy Pandemic Palabas ,” gathers the brightest names...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has set the interest rate for its P10 billion Peso-denominated Series O, 7-year retail bond at 5.0994 percent. In a disclosure to the Philippine Stock Exchange, SM Prime said it issued an aggregate...
AllDay Marts, Inc. will debut Wednesday, Nov. 3, 2021, at the Philippine Stock Exchange under the ticker “ALLDY”, after its very successful P4.5 billion initial public offering. “We are truly excited to bring the AllDay experience public. We have long believed in the Filipinos deserving a...
cab2a1016f2094af6a7f76ac8d84da58_XL-1 The Philippines’ only unicorn, digital financial solutions provider Mynt, the company behind GCash payment services app, has raised over $300 million in funding and is now valued at over $2 billion. Global investment giant Warburg Pincus, New York-based...
