The P4.5 billion initial public offering of AllDay Marts, Inc. (AllDay), owner of the Villar Group’s AllDay Supermarket chain, is riding high on the strong demand for pandemic-resilient stocks in the country. allday logo “There is strong clamor from the public for investment opportunities in...
AllDay Marts Inc., the operator of the Villar retail group’s AllDay Supermarkets, has set its final initial public offering price at P0.60 per share to raise up to P4.52 billion from its market debut. The firm is offering 6.86 billion shares and up to 685.71 million over-allotment option shares...
The Securities and Exchange Commission (SEC) has approved the P2-billion maiden share offering by Medilines Distributors Incorporated and the P9.55 billion follow-on offering by Sta. Lucia Land, Inc. In its meeting on October 12, the Commission En Banc resolved to render effective the registration...
DMCI Holdings Inc. has declared a special cash dividend amounting to P6.37 billion in special cash dividends following a record high cash dividend declared by subsidiary Semirara Mining and Power Corporation. In a disclosure to the Philippine Stock Exchange, the firm said the special cash dividend...
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
The National Water Company, Saudi Arabia’s state-run water agency, awarded the Management, Operations and Maintenance Contract (MOMC) to the consortium of Manila Water Company Inc., French water distributor Saur Group, and Saudi’s Miahona Company. Manila Water In a statement, Manila Water said...
TVI Resource Development Philippines Inc. (TVIRD), the local affiliate of listed Canadian mining firm TVI Pacific Inc. (TVI), has commenced commercial operations of its gold-silver mine in Sitio Balabag, Zamboanga del Sur. In a statement, TVIRD Balabag Project Manager Jun Gingo said the company is...
The Philippine Reclamation Authority has issued a final Notice to Proceed for a 100-hectare reclamation project where Cebu Landmasters Inc. (CLI) plans to develop a P20 billion business park. In a disclosure to the Philippine Stock Exchange, CLI said the reclamation project is being proposed by the...
Real estate giant Ayala Land, Inc. has been recognized in separate annual surveys organized by leading business and finance publications Euromoney and Asiamoney. In a statement, ALI said it topped the residential and office developer categories of the 2021 Euromoney Real Estate Survey, an annual...
PH Resorts Group Holdings Inc., the gaming unit of businessman Dennis Uy’s Udenna Corporation, has asked the government to suspend the license of its casino project in Clark Freeport Zone, Pampanga because of stiff competition in the area. In a disclosure to the Philippine Stock Exchange PH...
GT Capital Holdings Inc., the flagship of the Ty family, is venturing into the business of providing vehicle warranty for used cars in the country through Premium Warranty Services Philippines, Inc. (PWSPI). In a disclosure to the Philippine Stock Exchange, GT Capital said PWSPI starts commercial...
