LT Group, Inc. (LTG), the holding company of tycoon Lucio Tan, posted an unaudited net income of P20.25 billion last year, 3.7 percent lower than the P21.02 billion reported in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its tobacco business accounted for P17.43 billion or...
The Philippine Stock Exchange (PSE) has approved the P1.38 billion initial public offering (IPO) stock brokerage CTS Global Equity Group, Inc. which will list on the bourse’s Small, Medium, and Emerging Board. In a statement, the PSE said CTS Global will conduct its offering from March 29 to...
Figaro Coffee Group (FCG) is gearing up to expand its local store presence in order to cater to more Filipinos nationwide as the economy reopens further. In a disclosure to the Philippine Stock Exchange, the firm said it has upcoming store openings lined up in Lipa, Batangas; Ortigas business...
The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of stock brokerage firm CTS Global Equity Group, Inc. worth up to P1.38 billion. The Commission En Banc resolved to render effective the registration statement of CTS Global covering 6.88 billion common...
Alliance Global Group, Inc. (AGI) is planning to infuse P7.8 billion in gaming and leisure subsidiary Travellers International Hotel Group, Inc. which is increasing its paid-up capital. In a disclosure to the Philippine Stock Exchange, AGI said “The infusion of fresh capital to augment the...
2Go relief drive in Palawan In response to calls for humanitarian needs following Super Typhoon Odette (Rai) that raged across Southern Philippines, 2GO Group Inc. moved tons of relief goods port-to-port to victims for free. 2GO Group, Inc.’s business arm, 2GO Sea Solutions, transported donations...
Century Properties Group, Inc. has set the rate for its 5-year fixed rate bond at 5.7524 percent per annum prior to a public offering that aims to raise up to P3 billion. “We are happy with the strong capital markets condition allowing us to price the issuance at the tighter end of the range of...
Figaro Coffee Systems, Inc. (FCSI), a wholly-owned subsidiary of Figaro Coffee Group, Inc. (FCG), registered record revenues and net income last year amid the pandemic. In a disclosure to the Philippine Stock Exchange, FCG said FCSI posted a 274 percent surge in unaudited net income before tax to...
Restaurant chain operator Figaro Coffee Group, Inc. (FCG) is moving forward with its expansion plans this year with the opening of 41 stores on its three brands as it sees the economy reopening this year. In a disclosure to the Philippine Stock Exchange, the firm said it plans to open 29 Angel’s...
The Securities and Exchange Commission (SEC) has approved the planned public offering by Century Properties Group Inc. (CPGI) of P6 billion worth of fixed-rate bonds under shelf registration. In its meeting on Jan. 25, the Commission En Banc resolved to render effective the registration statement...
Figaro Coffee Group, Inc. (FCG) successfully listed its shares at the Philippine Stock Exchange with its share price closing a notch higher at P0.77 apiece from its initial public offering price of P0.75 per share. FCG’s share price hit a high of P0.89 intraday, up 18.7 percent from its IPO price...
Century Properties Group, Inc. is planning to raise up to P3 billion from a planned public offering of fixed rate retail bonds for refinancing and funding of its capital expenditures. The Securities and Exchange Commission said it has received the registration statement of CPGI for the public...
