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SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
Century Properties P4-B prefs sale approved by PSE
Century Properties had its follow-on offering of preferred shares approved by the PSE......»»
Century Properties expands residences
Century Properties Group has expanded its residential footprint with the recent completion of the first block of NULIV Townvillas at Acqua......»»
CPG raises P2 billion from share offer
Century Properties raised P2 billion from the listing of its Series B preferred shares on the Philippine Stock Exchange......»»
SEC orders Infinity8 to halt operations
The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»
San Miguel board approves P20-B bond issuance
San Miguel disclosed that its board of directors has approved a P20 billion issuance of fixed-rate Peso-denominated bonds......»»
SEC to share data with more government agencies
The Securities and Exchange Commission (SEC) is teaming up with more government agencies to boost efforts to combat money laundering and terrorism financing......»»
Vita Coco cements partnership with Philippines in new deal with Century Pacific
Philippine company Century Pacific Food inks a new long-term deal with Vita Coco to help fill the US firm's need for 90 million liters of coconut water over the next five years, as more consumers shift to 'healthier' drinks.....»»
Century Pacific expanding solar power capacity at GenSan plant
Century Pacific said that it is getting ready for the March 2024 switch-on of its solar power capacity expansion at its General Santos plant......»»
Jollibee eyes P8 billion share sale this year
Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»
Jollibee eyes P8 billion share sale this year
Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»
OJ Simpson, fallen football hero acquitted of murder in trial of the century, dies at 76
OJ Simpson, fallen football hero acquitted of murder in trial of the century, dies at 76.....»»
Century Pacific expands and extends coco product supply agreement with Vita Coco
Century Pacific Food said that it has entered into a new agreement with The Vita Coco Company, which CNPF describes as a “global leader in the coconut water category”, to supply Vita Coco with 90 million liters of coconut water over the next five years......»»
Century Pacific expands RE initiatives
Century Pacific Food Inc., the listed food and beverage company of the Po family, is expanding its renewable energy initiatives......»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
OceanaGold PH IPO approved by SEC
OceanaGold received SEC approval for its proposed P7.88 billion IPO......»»
SEC clears CLI’s preferred shares offer
The Securities and Exchange Commission (SEC) has cleared the planned public offering of up to P5 billion worth of preferred shares by Cebu Landmasters Inc. (CLI)......»»
Mandaue RTC orders issuance of bench warrant against Sitoy-Cho
LAPU-LAPU CITY, Cebu — The Mandaue City Regional Trial Court (RTC) Branch 55 has ordered the issuance of a bench warrant against former Cordova Mayor Therese Sitoy-Cho. This decision came after the former mayor failed to appear at her arraignment on Tuesday, April 23, 2024, regarding her election case for violating Section 261(h) of the.....»»
DOJ orders probe into alleged issuance of work visas to fake companies
Justice Secretary Jesus Crispin Remulla on Tuesday said that he asked the Bureau of Immigration to investigate its legal department following its issuance of work visas to alleged "fake" corporations and sole proprietorships......»»
Apple gets fined nearly $2 billion by the EU for hindering music streaming competition
Apple gets fined nearly $2 billion by the EU for hindering music streaming competition.....»»