The U.S. District Court for Central District of California granted final approval to PLDT’s case-ending settlement of securities class action litigation last Sept. 17, 2024. In a disclosure to the Philippine Stock Exchange, the telco giant said the class action commenced in 2023 against PLDT and...
Smart Communications, Inc. (Smart) said that some subscribers may experience intermittent service disruptions due to power issue at one of its facilities. In an advisory issued Wednesday night, Sept. 18, the Smart confirmed that the power outage is affecting service stability for certain...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Boracay Capital Holdings Inc. after it was found to be offering securities to the public without the necessary licenses from the Commission. In an order dated Sept. 4, 2024, the SEC Enforcement and Investor...
Real estate giant Ayala Land Inc. is planning to issue another P10 billion worth of Sustainability-linked (SL) Bonds after recently raising P20.5 billion from P6 billion in SL Bonds and P14.5 billion in SL Loans from the International Finance Corporation (IFC). According to Philippine Rating...
With the success of the first Tempur cinema in the Philippines, a new experiential showroom opened on September 10 in the same mall—Uptown Bonifacio in Taguig. Personalities such as Rambo Nuñez, Jason Webb, Justine Luzares, Inka Magnaye, Christian Bables, Arianna Evangelista, and John de Leon...
Telecom giant PLDT Inc. has appointed Menardo G. Jimenez Jr. as Executive Vice President and Chief Operating Officer of the company effective immediately. In a disclosure to the Philippine Stock Exchange (PSE), the firm said Jimenez’s appointment was approved by the PLDT Board of Directors on...
In an effort to boost logistics sustainability, Movem Electric, Inc., an electric mobility solutions provider of Manila Electric Company (Meralco), has collaborated with the foam and mattress firm Uratex Group of Companies. In a statement, Movem said an electric light delivery truck was handed over...
The Gotianun Group’s holding company Filinvest Development Corporation has decided to transfer its condotel business under FORA Services Inc. (FOSI) from Filinvest Hospitality Corporation (FHC) to publicly-listed Filinvest Land Inc. In a disclosure to the Philippine Stock Exchange (PSE),...
Abacore Capital Holdings, Inc. will be conducting its annual meeting of stockholders on October 17, 2024, 2024, Thursday, 3:00 p.m. via zoom video conferencing platform for online meetings hosted from the principal office in Milagrosa, Quezon City. A copy of the official announcement published...
Globe Telecom has appointed Juan Carlo C. Puno as its new Chief Financial Officer (CFO), Treasurer, and Chief Risk Officer (CRO) starting Oct. 16, 2024 following the retirement of Rosemarie Maniego-Eala. In a statement, Globe said Puno, 39, is currently its Corporate Strategy Officer and Senior...
East zone concessionaire Manila Water Co. will raise its water bills starting in October due to the recently approved Foreign Currency Differential Adjustment (FCDA). In a disclosure to the Philippine Stock Exchange on Monday, Sept. 16, Manila Water said consumers will experience a rate increase of...
Abacore Capital Holdings, Inc. will be holding its annual meeting of stockholders on October 17, 2024, 2024, Thursday, 3:00 p.m. via zoom video conferencing platform for online meetings hosted from the principal office in Milagrosa, Quezon City. A copy of the official announcement published in...
