Century Properties Group Inc. announced that Jose Roberto “Robbie” R. Antonio has resigned as Co-Managing Director and Member of the Board, effective immediately. In his letter to the CPG Board on February 20, 2021, Antonio said his departure will allow him to focus on resolving the issues in...
Seven members of the SM Group of Companies, led by flagship SM Investments Corporation (SMIC), clinched 10 awards for their high scores in the recently concluded 2019 ASEAN Corporate Governance Scorecard (ACGS) assessments. For the 2019 ACGS Assessment, three award categories were recognized:...
After making huge gains last week, investors are seen to test the stock market’s strength this week amid concern over the new COVID-19 variant on one side and vaccine roll-out news and the passage of the corporate recovery bill on the other. “Next week, the local market is seen to move sideways...
Century Properties Group Inc. is planning to raise up to P3 billion from a public offering of unsecured fixed-rate peso denominated retail bonds. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has approved the plan to offer P2 billion worth of retail...
Asia Brewery Inc. and HEINEKEN are planning to dissolve their joint venture in favor of a new arrangement under which ABI will just brew and distribute the beer while HEINEKEN will do the sales and marketing. In a disclosure to the Philippine Stock Exchange, ABI’s parent company LT Group...