VistaREIT, Inc. (VREIT), the commercial real estate investment trust of integrated property developer Vista Land & Lifescapes, Inc., is planning to raise up to P9.18 billion from its initial public offering. In a statement, VREIT said it has filed a registration statement with the Securities...
CIS Bayad Center, Inc., or Bayad, the country’s biggest and widest multi-channel payment platform, and Philippine National Bank, the fifth largest bank in the country, have partnered to make it easier for Filipinos to settle payments electronically. In photo (L-R): Mr. Dennis G. Gatuslao –...
Ahead of the mandatory implementation next year, PLDT and Smart Communications, Inc. announced that the group’s enterprise customers will shift to electronic invoicing (e-invoicing) starting April. On Friday, March 25, PLDT and Smart said they were chosen by the Bureau of Internal Revenue (BIR)...
Sometimes it takes a crisis to truly appreciate the value of a man who lives by the very definition of a leader. Indeed, Jimmy Go, President, and CEO of VST-ECS, Phil. Inc., rose above the crisis amidst uncertainty and doubt. For Jimmy, the crisis became moments of hope - hopeful that with...
Synergy Grid and Development Philippines, Inc. has declared its first quarterly cash dividend amounting to P1.6 billion or P0.22 per share, 10 percent higher than the P0.20 per share dividend distributed and paid out last Jan. 10, 2022. The firm said its Board of Directors approved the P.022 cash...
Integrated Micro-Electronics, Inc. (IMI) reported a net loss of $10.6 million in 2021, 66 percent more than its net loss of $6.4 million in 2020. In a disclosure to the Philippine Stock Exchange, the firm said the loss is “due to increased growth and technology-related investments in non...
The Securities and Exchange Commission (SEC) has approved the P20-billion shelf registration of fixed rate bonds of Converge Information and Communications Technology Solutions, Inc. The Commission En Banc resolved to render effective the registration statement of Converge covering up to P20...
North Star Meat Merchants Inc., one of the largest pork and beef vendors in the country, is planning to raise up to P4.5 billion from an initial public offering of both new and secondary shares. In a statement, the firm said it has filed with the Securities and Exchange Commission (SEC) its...
AllDay Marts Inc., owner of AllDay Supermarkets—the fastest growing supermarket operator in the Philippines, reported a banner year with unaudited net income surging 80 percent to P394.9 million last year. In a disclosure to the Philippine Stock Exchange, the firm said sales for the chain...
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...
