Maya Philippines Inc., the country’s leading all-in-one finance platform, is making it easier for retail investors to subscribe to initial public offering (IPO) shares through its stock-investing feature, Maya Stocks. In a statement, Maya said it is now carrying the IPO of Maynilad Water...
Metro Manila West Zone concessionaire Maynilad Water Services Inc. began its capital-raising exercise Thuesday, Oct. 23, with its ₱34.33 billion initial public offering (IPO) open for subscription until Oct. 29, 2025. Maynilad fixed its IPO share price at ₱15 on Oct. 20. The water...
Spirits and real estate billionaire Andrew Tan has begun transferring ₱1.83 billion worth of Emperador Inc. shares to his holding company, Alliance Global Group Inc., locking in a roughly 16 percent gain on the stake he acquired in May and June. In a disclosure to the Philippine Stock Exchange,...
Anastacio R. Martirez has resigned as Chief Operating Officer of Smart Communications Inc., effective Oct. 21, following an internal investigation into employee complaints regarding workplace culture, according to a report by news website InsiderPH, citing an internal memo from PLDT Inc. Chairman...
The listing of Maynilad Water Services Inc. at the Philippine Stock Exchange, following its ₱34.33 billion initial public offering, is expected to inject renewed interest into the local equities market and propel the growth of the benchmark index by approximately 10 percent from its current...
GCash, the country’s largest mobile wallet, is moving to democratize access to stock market debuts by integrating the fully digital Initial Public Offering (IPO) subscription feature within its GStocks PH platform. In a statement on Wednesday, Oct. 22, GCash said the move, in partnership with...
Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings, Inc. (GT Capital), successfully raised ₱5 billion after its minimum ₱2 billion fixed-rate bonds offering was 3.5 times oversubscribed. GT Capital disclosed to the Philippine...
Life in the metro comes with constant pressure, traffic, deadlines, and daily noise that wear you down. In Pasig City, The Grand Midori Ortigas offers a place to pause and reset, as Federal Land inaugurates the first tower of this development designed to support comfort, well-being, and mindful...
Dexter Tiu’s Pure Energy Group is undertaking a ₱99.7 million mandatory tender offer to acquire all the shares of Coal Asia Holdings Inc. held by minority shareholders after buying 71.6 percent of the company from its principal owners. A Share Purchase Agreement was signed among Coal Asia’s...
AbaCore Capital Holdings, Inc. has finally secured the approval of the Securities and Exchange Commission (SEC) for the distribution of its cash and property dividends worth ₱418.59 million which it declared way back in 2022. In a disclosure to the Philippine Stock Exchange, the firm said it...
Chances are, you 've had or even knew someone who owned a Honda CR-V. One of the vehicles that defined the burgeoning crossover SUV segment in the 90s, the CR-V showed that capable SUVs can in-fact be built from lighter car unibodies (as opposed to traditional ladder frames), and still meet...
Diversified engineering conglomerate DMCI Holdings, Inc. has declared a special cash dividend of ₱0.48 per share, amounting to ₱6.4 billion, following a hefty ₱5.33 billion cash dividend declaration by subsidiary Semirara Mining and Power Corp. In a disclosure to the Philippine Stock...
