AREIT, INC. will be holding its annual meeting of stockholders on February 12, 2024, Monday at 10:00 AM virtually. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
SAMANTHA PANLILIO is a real beauty and brains rolled into one. The former Miss Grand Philippines 2021 is also the chief operations officer of publicly-listed Boulevard Holdings, Inc. (BHI), the company behind luxury accommodation brand Friday’s in Puerto Galera, Boracay, and opening...
Producer Television and Production Exponents Inc. (TAPE) has filed a petition with the Court of Appeals (CA) to reverse the decision of a Marikina court that prohibited it from using “Eat Bulaga” and “EB” and canceled its trademark registrations for the two marks. TAPE, through its...
The Securities and Exchange Commission (SEC) has issued a cease and desist order against MFT Group of Companies Inc. and Foundry Ventures I Inc. for alleged illegal solicitation of investments from the public. In an order dated Jan. 16, the Commission En Banc directed the MFT Group and Foundry...
SM Investments Corporation (SMIC) subsidiary 2GO Group Inc., the Philippines’ largest integrated transportation and logistics solutions provider, has marked the opening of its 100th 2GO-owned retail store at Greenhills Shopping Center. In a statement, 2Go said the new store allows it to extend...
AREIT Inc., the real estate investment trust of property giant Ayala Land Inc., has completed the acquisition of Seda Lio in El Nido, Palawan, from ALI's subsidiary Econorth Resort Ventures Inc. for P1.19 billion. In a disclosure, AREIT said Seda Lio is a 153-room resort hotel that caters primarily...
BDO Unibank Inc., a member of the SM Group, has shortened the offer period for its second ASEAN Sustainability Bond issue worth an initial P5 billion and closed it on Jan. 16, 2024. In a disclosure to the Philippine Stock Exchange (PSE), the bank said the offer was backed by strong demand...
The Securities and Exchange Commission (SEC) has revoked the certificate of authority (CA) of Wealth and Personal Development Lending Inc. to operate as a lending company for its repeated failure to comply with reportorial requirements and alleged involvement in illegal activities. In a statement,...
VisMin property developer Cebu Landmasters Inc. (CLI) has further expanded its hospitality portfolio with the opening of lyf Cebu City, its third operational hotel. In a disclosure to the Philippine Stock Exchange (PSE), the firm said lyf Cebu City is designed to serve young travelers looking to...
The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil "Nicky" Franco...
2GO Group Inc. is supporting the growth of micro, small and medium-sized enterprises (MSMEs) with the introduction of 2GO Getters, a “community of MSMEs, start-up companies and anyone who aspire to build their business empires in need of delivery services.” The logistics arm of the SM...
MRC Allied Inc. is investing an initial P75 million to acquire controlling ownership of Bitstar Prime Holdings Inc. which will be its corporate vehicle for its telecommunication and broadband business. In a disclosure to the Philippine Stock Exchange, MRC said its Board of Directors has approved...
