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GSIS acquires more shares in RCR

State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»

Category: financeSource: philstar philstarApr 18th, 2024

GSIS eyes more benefits for members

Government workers can look forward to a Living Benefit program that the Government Service Insurance System is studying and is hoping to complete by April this year, following a significant increase in the GSIS Fund which posted last year a 33 percent increase in revenue that it now intends to plow back as benefits to its members......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

GSIS lends P70B in 100 days

GSIS lends P70B in 100 days.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Nikon acquires Red Digital Cinema, enters professional video market

Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 8th, 2024

AREIT acquires Seda LIO

AREIT acquires Seda LIO.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

PSE approves listing of GSIS-owned Alternergy preferred shares

Alternergy disclosed that the PSE has approved its application to list the 100 million preferred shares that it sold to the Government Service Insurance System at a price of P14.50/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Boulevard Holdings sells 1.5-B shares to ownership group

Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

GSIS acquires more shares in RCR

State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares

The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Producers Savings Bank acquires Leyte rural bank

Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

GSIS, PNB allot P1.2 billion for affordable housing

State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

GSIS taps Maya for payments

State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

GSIS income surges to P113 billion in 2023

The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

GSIS non-life insurance premiums hit record high P9.8 billion in 2023

State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

GSIS earmarks P44 million for emergency loans

State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

SSS pushed P300 million into REITs in Q4

Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

ALI to buy back more shares

Property giant Ayala Land Inc. plans to continue buying back shares to boost its share price, which the company believes has been trading at a steep discount......»»

Category: financeSource:  philstarRelated NewsApr 26th, 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

DMCI Holdings acquires Cemex PH parent company for $305.6-M

DMCI Holdings [DMC 10.86 ?0.7%; 52% avgVol] [link] and Semirara Mining and Power [SCC 32.50 ?0.8%; 22% avgVol] acquired Cemex Asian South East Corp (CASEC), the parent company of Cemex Philippines [CHP 1.36 ?28.4%; 267% avgVol], in a deal worth $305.6 million (~P17.6 billion)......»»

Category: financeSource:  philstarRelated NewsApr 29th, 2024

Balai acquires Sugarhouse

Listed bakery operator Balai ni Fruitas Inc. is beefing up its portfolio with the addition of the 40-year-old legacy brand Sugarhouse......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Balai Ni Fruitas acquires Sugarhouse

Balai Ni Fruitas, a subsidiary of the Lester Yu-controlled Fruitas, disclosed that it will acquire the bakeshop Sugarhouse in a deal that is scheduled to close by the end of the month......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024