Security Bank Corporation posted a 77 percent jump in net income to P8.6 billion in the first nine months of 2022 from P4.8 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said the hike in earnings was driven by growth in core businesses, lower...
The Annual Stockholders' Meeting of Acesite (Phils.) Hotel Corporation is set to happen on December 2, 2022, 10:00AM. Venue of the meeting will be at the Ipil Room, 14th floor of the Bayview Park. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Rodrigo E. Franco, President and CEO, Metro Pacific Tollways Corporation. Around the world, countries continue the thrust towards smart urban mobility as part of their nation-building journey. As an advocate of driving smart urban mobility in the Philippines, Metro Pacific Tollways Corporation...
The local stock market continued to drop despite the release of better-than-expected economic growth numbers. The main index fell 74.11 points or 1.19 percent to close at 6,167.57 although sectoral indices were evenly mixed with the Property counter leading gains while Conglomerates saw the biggest...
Security Bank has successfully raised P14.6 billion with the issuance of its Fixed Rate Peso Corporate Bonds at 5.3 percent per annum, with a tenor of 1.5 years due 2024. In a statement, Security Bank said that, due to strong demand for the bonds, it exercised the oversubscription option and...
Acesite (Phils.) Hotel Corporation will hold its Annual Stockholders’ Meeting on Friday, December 02, 2022 at 10:00 a.m. at the Ipil Room, 14th Floor Bayview Park Hotel.
Jollibee Foods Corporation and its Hong Kong-based partner have agreed with Dunkin’ Donuts Franchising LLC to terminate their Master Franchise Agreement (MFA) for Dunkin' which covers certain territories in the Chinese mainland, Hong Kong and Macau. In a disclosure to the Philippine Stock...
Monde Nissin Corporation reported a 21 percent drop in attributable core net income to P5.6 billion in the first nine months of 2022 due to increased logistical costs, investments in organizational resources, and investments. In a statement, the firm said its attributable core net income fell by a...
Metro Pacific Investments Corporation (MPIC) reported that its attributable net income inched up four percent to P16.4 billion in the first nine months of 2022 from the P15.74 billion in the same period last year. In a press briefing, MPIC Chief Finance, Risk and Sustainability Officer Chaye A....
The Securities and Exchange Commission (SEC) has approved the planned P1.89 billion initial public offering (IPO) of Alternergy Holdings Corporation. The Commission En Banc has resolved to render effective the registration statement of Alternergy Holdings covering 4.32 billion common shares,...
The local stock market declined as investors continue to wait for the outcome of US elections and the Wednesday’s GDP report. The main index dropped 47.42 points or 0.75 percent to close at 6,242.68 as the Mining and Oil index led the retreat while the Industrial and Holding Firms counters...
Township developer Megaworld Corporation expects to generate P3.2 billion from the second tower of its Vion Tower residential development located along EDSA-Chino Roces Avenue in Makati City. In a disclosure to the Philippine Stock Exchange, the firm said the 34-storey Vion West will be located...