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DoubleDragon unit Hotel101 Global readies US listing

Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

DoubleDragon breaks ground on new Hotel101 in Spain

DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, announced that it has already broken ground on its 680-room Hotel101-Madrid and signed a contract for the hotel’s construction with Ferrovial Construction......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

DoubleDragon secures HBNB ticker symbol for Hotel101’s Nasdaq IPO

DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, said last week that it will use the ticker “HBNB” for the Nasdaq IPO of its subsidiary, Hotel101 Global Pte Ltd......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Philippine bond market hits $217 billion in Q4

The Philippine bond market went up slightly in the fourth quarter of 2023 due to the increase in government bond issuances, according to a report from the Asian Development Bank......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Robust P400 billion bond listings seen this year

The Philippine Dealing & Exchange Corp. (PDEx) is optimistic this year’s domestic bond listings target will be attained as the corporate bond market is off to a good start......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

BDO raises record P63 billion from bond offer

BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

SMC to raise P20 billion from bond issuance

Diversified conglomerate San Miguel Corp. intends to raise P20 billion from the offering of the remaining tranche of its bond program......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

SM Prime expects to raise P25 billion from bond issue

Sy-led integrated property developer SM Prime Holdings Inc. is gearing up to raise as much as P25 billion from a proposed bond offering to fuel its expansion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Filinvest raises P10 billion from new bond offer

Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

First Gen income up 4 percent to P15.4 billion in 2023

Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

DMCI, Marubeni investing P15 billion for property venture

DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Naga lotto player wins P15.8 million jackpot

A bettor in Naga City in Camarines Sur won P15.8 million in the Mega Lotto 6/45 drawn on Wednesday night......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Government raises IPAs project approval threshold to P15 billion

The government has increased the investment capital threshold assigned to investment promotion agencies (IPAs) to P15 billion in a bid to promote the ease of doing business......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Hotel101 advances listing plan in Nasdaq

DoubleDragon has advanced further plans to list its Singapore-based hospitality subsidiary Hotel101 Global on the US Nasdaq, with the signing of a business combination agreement with a special purpose acquisition company eyed next month......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Hotel101 advances

DoubleDragon has advanced further plans to list its Singapore-based hospitality subsidiary Hotel101 Global on the US Nasdaq, with the signing of a business combination agreement with a special purpose acquisition company eyed next month......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Union Bank announces P17-B stock rights offering

Union Bank disclosed that it plans to conduct a stock rights offering to sell 450,204,078 UBP common shares to existing UBP shareholders at a price somewhere between P33.73 and P38.23 per share......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Cebu Landmasters raises P4B in preferred shares offering; plans strategic expansion

Real estate firm Cebu Landmasters Inc. (CLI) has raised more than P4.28 billion through its recent follow-on offering of preferred shares......»»

Category: financeSource:  philstarRelated NewsApr 17th, 2024

Megawide eyes return to bond market

Megawide Construction Corp., the listed infrastructure conglomerate, is returning to the bond market to raise as much as P5 billion......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

2 ex-James Bond actors approve of Aaron Taylor-Johnson as next 007

Former James Bond actors George Lazenby and Pierce Brosnan have stated their approval for Aaron Taylor-Johnson should the latter be the next individual to carry the Agent 007 mantle......»»

Category: entertainmentSource:  philstarRelated NewsMar 27th, 2024