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GSIS to sell PNCC shares

State-run Government Service Insurance System (GSIS) plans to unload its shares in the Philippine National Construction Corp. (PNCC) through a public bidding......»»

Category: financeSource: philstar philstarOct 12th, 2018

CA junks casino firm s appeal over Bloomberry stocks

MANILA, Philippines – The Court of Appeals affirmed the Makati City Regional Trial Court's writ of preliminary injunction in 2017 against casino company Global Gaming Philippines' (GGAM) move to sell its stocks in Bloomberry Resorts Corporation. GGAM planned to sell P921.18 million shares of its stocks ........»»

Category: newsSource:  rapplerRelated NewsNov 25th, 2018

Philippine shares buck regional downswing as Xi Jinping visit takes center stage

The local stock barometer trekked to the 7,300 level on Tuesday, bucking a sell-off across Asian markets as investors shift their focus to Chinese President Xi Jinping’s two-day Manila visit......»»

Category: financeSource:  philstarRelated NewsNov 20th, 2018

San Miguel Food and Beverage Inc. to sell shares at ₱85 each

San Miguel Food and Beverage Inc. to sell shares at ₱85 each.....»»

Category: entertainmentSource:  pepRelated NewsOct 27th, 2018

Vivant units sell 48% stake in renewable energy firm

CEBU-BASED Vivant Corp. said on Friday that two of its subsidiaries sold their shares in a northern Luzon renewable energy company that has an independent power producer (IPP) administrator contract with the government. The post Vivant units sell 48% stake in renewable energy firm appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsOct 12th, 2018

SMC food unit gets nod to sell P142.8-billion shares

SMC food unit gets nod to sell P142.8-billion shares Source link link: SMC food unit gets nod to sell P142.8-billion shares.....»»

Category: newsSource:  manilainformerRelated NewsOct 5th, 2018

Lenovo shares pummelled in Hong Kong after microchip report

HONG KONG – China's Lenovo led a sharp tech sell-off in Asia on Friday, October 5, after a report said Beijing had used microchips inserted in US computer goods as part of a drive to steal technology secrets. Bloomberg News said the tiny chips were place in gadgets made for Amazon ........»»

Category: newsSource:  rapplerRelated NewsOct 5th, 2018

PLDT inks deal with foreign firms for Voyager

PLDT, Inc. announced on Thursday it has signed an agreement to sell separately $175 million worth of shares in its digital innovations unit Voyager Innovations, Inc. to a group of foreign investors led by investment firm Kohlberg Kravis Roberts & Co. (KKR) and Chinese tech company Tencent Holdings Ltd. The post PLDT inks deal with foreign firms for Voyager appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 4th, 2018

SMC food unit gets nod to sell P142.8-billion shares

SMC food unit gets nod to sell P142.8-billion shares.....»»

Category: financeSource:  thestandardRelated NewsOct 4th, 2018

Taiwan unit’s IPO gets SEC nod

The Securities and Exchange Commission (SEC) has approved a plan by consumer electronics manufacturer Cal-Comp Technology (Philippines) Inc., a unit of Taiwan-based New Kinpo Group (NKG), to embark on a P6.77-billion initial public offering.   Cal-Comp's registration statement had been cleared by the SEC en banc, SEC Secretary and spokesperson Arman Pan said.   The NKG unit plans to sell up to 397.97 million new common shares at a maximum price of P17 each, bringing about 26.77 percent of the company's shares to public hands. The company seeks an option to upsize the issuance by up to 19.9 million shares.   Proceeds from the IPO will be mainly used for fa...Keep on reading: Taiwan unit’s IPO gets SEC nod.....»»

Category: newsSource:  inquirerRelated NewsSep 7th, 2018

Trade worries caused Asian shares to deepen 2018 losses in August

ASIAN stocks slipped in August, dragged down by the trade dispute between China and the United States, while the plunge in the Turkish lira prompted some investors to sell emerging market assets. The post Trade worries caused Asian shares to deepen 2018 losses in August appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 4th, 2018

Aston Martin, maker of James Bond s favorite car, to list on London Stock Exchange

London -- Aston Martin, the maker of James Bond's favorite sports car, says it may sell shares for the first time as the company seeks to attract more wealthy buyers with an expanded product r.....»»

Category: newsSource:  philippinetimesRelated NewsAug 30th, 2018

San Miguel unit sets sale of 20% of shares to the public

Consumer powerhouse San Miguel Food and Beverage Inc. (SMFB) has tapped an army of banks to sell to the public up to 20 percent of its equity in an offering that could raise as much as $2.4 billion.....»»

Category: newsSource:  philippinetimesRelated NewsAug 12th, 2018

Landbank secures 43% PDS shares

Several shareholders of Philippine Dealing System Holdings Corp. have already expressed their intent to sell their stakes to Land Bank of the Philippines, a top official of the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsJul 11th, 2018

Trade war, rate hike fears spur sell-off

SHARE prices retreated anew on Friday as rate hike concerns and the start of a US-China trade war dampened investor sentiment. The benchmark Philippine Stock Exchange index (PSEi) dropped 0.65 percent or 46.86 points to finish at 7,186.71 while the wider All Shares dipped 0.46 percent or 20.28 points to end at 4,387.34. “Philippine markets got off [...] The post Trade war, rate hike fears spur sell-off appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 7th, 2018

Asian shares mostly lower as China-US tariffs moves loom

Asian shares were mostly lower on Wednesday after U.S. stocks succumbed to a sell-off in the final minutes of trading, snapping a three-day winning streak......»»

Category: financeSource:  philstarRelated NewsJul 4th, 2018

Government to sell stake in OF Bank next year

The government is partially privatizing the Overseas Filipino Bank (OFB) next year by offering the bank’s shares to Filipinos based locally and abroad, the Department of Finance (DOF) said......»»

Category: financeSource:  philstarRelated NewsJul 1st, 2018

RCBC’s stock rights offering plan OK’d

The Philippine Stock Exchange (PSE) has approved a plan of Yuchengco-led Rizal Commercial Banking Corp. to raise as much as P15 billion through the sale of new shares to existing investors.   RCBC plans to sell up to 540 million new common shares at a price to be set by June 7, based on the offer term sheet posted by the PSE.   The entitlement ratio has yet to be firmed up.   The stock rights offering will run on June 25 to 29. The tentative listing date for the new shares is Aug. 3.   Credit Suisse (Singapore) Ltd. and UBS AG were tapped as joint global coordinators, joint bookrunners and international underwriters for this offering. RCBC Capi...Keep on reading: RCBC’s stock rights offering plan OK’d.....»»

Category: newsSource:  inquirerRelated NewsMay 25th, 2018

SEC approves Del Monte Philippines P17.55-B shares offering

The Securities and Exchange Commission has approved a plan of food producer Del Monte Philippines Inc. (DMPI) to sell as much as P17.55 billion secondary common shares to the public. This initial p.....»»

Category: newsSource:  philippinetimesRelated NewsMay 25th, 2018

SEC oks Del Monte PH s P17.55B IPO

The Securities and Exchange Commission has approved a plan by food and beverage producer Del Monte Philippines Inc. to sell as much as P17.55 billion secondary common shares to the public. This ini.....»»

Category: newsSource:  philippinetimesRelated NewsMay 25th, 2018

SEC approves Del Monte Philippines’ P17.55-B shares offering

The Securities and Exchange Commission has approved a plan of food producer Del Monte Philippines Inc. (DMPI) to sell as much as P17.55 billion secondary common shares to the public. This initial public offering consists of 587.437 million secondary shares which will be offered at as much as P29.88 per share. The offering will bring 21 percent of DMPI's shares to public hands. DMPI is a market leader in the Philippines, with market shares ranging from 41 percent to 85 percent in categories such as canned pineapple and mixed fruit, canned and tetra ready-to-drink juices, tomato sauce and spaghetti sauce. The company will not directly receive any net proceed from the offering b...Keep on reading: SEC approves Del Monte Philippines’ P17.55-B shares offering.....»»

Category: newsSource:  inquirerRelated NewsMay 24th, 2018