CALAX-SUBS5-SILANG-4 MPCALA Holdings Inc., (MHI) has activated its "Oplan Biyaheng Ayos" in its Cavite-Laguna Expressway (CALAX) as it expects 10 percent traffic surge from December 23, 2021 to January 4, 2022. The toll road operator placed CALAX's operation on heightened alert status to guarantee...
Figaro Coffee Group, Inc. has set the price of its planned initial public offering at P0.75 per share, much lower than its maximum indicative price of P1.28 per share for an offering size of P767.4 million. In a disclosure to the Philippine Stock Exchange, Figaro said it is also reducing the IPO...
Cemex Holdings Philippines, Inc. (CHP) reported that the cement manufacturing plant of subsidiary APO Cement Corporation in Naga City, Cebu, is operational in the aftermath of Typhoon Odette. In a disclosure to the Philippine Stock Exchange, Cemex said that, while APO Cement has experienced...
Filinvest Land, Inc. (FLI) has successfully raised P10 billion for its capital expenditure program through the issuance of 4-year and 6-year peso fixed-rate bonds. In a disclosure to the Philippine Stock Exchange, the firm said the bond offering was more than 4 times oversubscribed from the base...
converge Domestic credit rating agency Philippine Ratings Services Corp. (PhilRatings) gave the highest credit rating of "Aaa with stable outlook” to the P5 billion maiden bond offer of Converge ICT Solutions Inc., with an oversubscription option of up to P5 billion. PRS gave the rating due to...
The local stock market dropped as investors worry again about the spread of the Omicron variant locally and overseas while assessing the damage wrought by Typhoon Odette. The main index lost 60.05 points or 0.82 percent to close at 7,237.61 as the Mining and Oil counter led the retreat although the...
The local stock market was mixed but managed to close higher on late buying of blue chips. The main index rose 64.4 points or 0.89 percent to close at 7,297.66 with the advance led by the Holding Firms counter while the Industrial and Mining and Oil sectors retreated. PSE_NEW Volume was high at...
MREIT, Inc., the REIT company of township developer Megaworld, reported that its Board of Directors has approved the acquisition of four prime, grade A buildings located in PEZA-registered zones for a total of P9.1billion. In a disclosure to the Philippine Stock Exchange, the firm said the...
PHirst Park Homes, Inc. (PPHI) has launched a P2.79 billion project in Baliwag, Bulacan after the success of its first development in the province—Phirst Park Homes Pandi. In a statement, the firm said PHirst Park Homes Baliwag is the 10th out of the 15 master-planned communities that PPHI is...
The Philippine Stock Exchange, Inc. (Exchange) has approved the application of Figaro Coffee Group, Inc. (FCG) for the listing of the company's shares, including shares for its P1.78 billion initial public offering. In a statement, Figaro said it will be listing 5.01 billion common shares,...
The Philippine Stock Exchange index bounced back after the previous day’s panic selling as investors gain confidence from stronger US markets. The main index jumped 100.68 points or 1.41 percent to close at 7,233.26 as the Services sector led the rally across the board. Gainers beat losers 109 to...
Make your holiday (or everyday) meals merrier with these tried and tested food combinations Paired's featured five-course menu Christmas is among the most celebrated holidays around the world for so many reasons. One is, of course, food. The occasion allows us to eat to our heart’s content....
