The Keepers Holdings Inc., retailer Lucio Co’s liquor import and distribution business, has successfully listed its P4.5 billion follow on offering shares at the Philippine Stock Exchange with its share price rising 12.7 percent to close at P1.69 apiece. PSE President Ramon S. Monzon said The...
Medilines Distributors Incorporated, one of the leading distributors of quality medical equipment in the country, has remained resilient despite the challenges brought about by the COVID-19 pandemic. “We are proud to be at the frontline of the country’s fight against COVID-19 through the urgent...
The Securities and Exchange Commission (SEC) has approved the planned P750 million initial public offering (IPO) of Haus Talk, Inc. and the P6 bilion preferred share offering of EEI Corporation. The Commission En Banc resolved to render effective the registration statements of Haus Talk covering...
The Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) has secured the power to directly impose penalties on water concessionaires - Maynilad Water Services Inc. and Manila Water Company, Inc. During a virtual public information drive on Friday, Nov. 19, MWSS Chief Regulator...
Senator Risa Hontiveros is calling for a Senate inquiry into the "propriety" of allowing a single private entity to control almost all of the nation's strategic fossil energy assets in the West Philippine Sea. Senator Risa Hontiveros (Senate PRIB) Hontiveros said on Friday, Nov. 18 that she has...
Medilines Distributors Incorporated, one of the leading distributors of quality medical equipment in the Philippines, has priced its initial public offering (IPO) at P2.30 per share or slightly lower than the maximum pricing guidance of P2.45 apiece. “We wanted to leave more upside on the table...
The Securities and Exchange Commission (SEC) has approved three public share offerings -- Figaro Coffee Group, Inc., Citicore Energy REIT Corp. (CREIT) and, Arthaland Corporation -- worth almost P15 billion. Figaro initial public offering will consist of up to 1.26 billion common shares priced at...
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, reported a 9 percent improvement in net income to P6.0 billion in the first nine months of 2021 from the same period last year. 46822 In a disclosure to the Philippine Stock...
AgriNurture Inc. (ANI), the listed agro-commercial company of businessman Antonio Tiu, more than tripled its consolidated net profit to P1.2 billion in the first nine months of 2021 from the P389.73 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Cosco Capital, Inc., the retail holding firm of businessman Lucio L. Co, reported a 17 percent growth in consolidated net income to P7.27 billion in the first nine months of 2021 from the P6.23 billion earned in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm...
Century Properties Group, Inc. (CPGI) and Mitsubishi Corporation are eyeing a longer and broadened partnership thru their joint venture company PHirst Park Homes, Inc. (PPHI) with the aim of building more residential and non-residential projects. “Our idea here is to increase and broaden our...
MREIT Inc., the real estate investment trust of township developer Megaworld Corporation, is finalizing the acquisition of four prime, grade A, Philippine Economic Zone Authority-accredited properties from its sponsor by next month. In a disclosure to the Philippine Stock Exchange, the firm said...