The San Miguel group’s South Luzon Tollway Corporation has retained the highest PRS Aaa issue credit rating with a stable outlook from the Philippine Rating Services Corporation (PhilRatings) for its outstanding Fixed-rate bonds of P4.9 billion. SLTC was incorporated primarily to engage in...
At least 12 areas were placed under tropical cyclone warning wind Signal No. 3 as typhoon “Quinta” (international name: “Molave”) started to traverse Southern Luzon, and made its third landfall over San Andres, Quezon around 10:30 p.m., Sunday, Oct. 25. In its severe weather bulletin issued...
Ayala-owned AC Energy Philippines (ACEN) has executed a new subscription agreement with subsidiary Ingrid Power Holdings Inc. for the parent firm to purchase specified number of shares; then the proceeds of that transaction will bankroll the first phase of the latter’s 300-megawatt Pililla...