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Metro Global given 6 months to avoid involuntary delisting
The PSE gave notice to Metro Global Holdingsthat it has six months to increase its public float above 10% to comply with the PSE’s Minimum Public Ownership (MPO) rule or be “automatically delisted” from the stock exchange......»»
PSE readies delisting of Abra Mining
he Philippine Stock Exchange Inc. will initiate delisting proceedings against Abra Mining and Industrial Corp. after the Securities and Exchange Commission found that the company and some of its officials had illegally sold unissued and unlisted shares over a five-year period......»»
DND, AFP eye delisting of Alvarez as military reservist
The Department of National Defense and Armed Forces of the Philippines are looking at a possible investigation of Davao del Norte 1st District Rep. Pantaleon Alvarez and his delisting from the roll of reservists in the Philippine Marine Corps ......»»
PSE EASy platform now accepts online banking for payment of IPO subscriptions
The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»
Premium Leisure Corp to be voluntarily delisted
The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»
PSE has until 2025 to spend money it raised in 2018
The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»
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......»»
Canino, La Salle far from satisfied despite string of straight-set wins
La Salle coaches expect more from the Lady Spikers even after they crushed the UP Fighting Maroons for a third consecutive straight-set victory.....»»
Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue
Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»
SP New Energy suspended again for public float violation
SP New Energy was suspended at the close of trading on Friday by the PSE after a block sale pushed SPNEC’s public float down to 19.57%, below the PSE’s minimum public float requirement of 20%......»»
Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas
Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»
Cebu Landmasters FOO approved by the PSE
Cebu Landmasters had its follow-on offering of preferred shares approved by the PSE......»»
Recto urges PSE to work with government in transforming PH capital market
Recto urges PSE to work with government in transforming PH capital market.....»»
A Brown Company prefs follow-on offering approved by the PSE
The A Brown Company preferred shares follow-on offering was approved by the PSE......»»
Century Properties P4-B prefs sale approved by PSE
Century Properties had its follow-on offering of preferred shares approved by the PSE......»»
‘Quiboloy can’t set surrender conditions’
In hiding after being ordered arrested by a Davao City court for abuse of minors, pastor Apollo Quiboloy “is in no position” to demand conditions “or any kind of guarantee” for his surrender, Justice Secretary Jesus Crispin Remulla said yesterday......»»
‘Quiboloy can’t set surrender conditions’
In hiding after being ordered arrested by a Davao City court for abuse of minors, pastor Apollo Quiboloy “is in no position” to demand conditions “or any kind of guarantee” for his surrender, Justice Secretary Jesus Crispin Remulla said yesterday......»»
Quiboloy can’t set conditions for surrender — Remulla
Fugitive doomsday preacher Apollo Quiboloy cannot impose the conditions of his surrender to authorities, Justice Secretary Jesus Crispin Remulla said on Monday......»»
Orange Brutus unveils new summer favorites
The summer season is at an all-time high, and Orange Brutus‘ new releases promises to make things sizzle even more. For more than four decades, Orange Brutus has satisfied the Cebuano palate with their novel take on fast food: home cooked but served fast and hot. And now the beloved restaurant is ready to prove.....»»
Belle to start P5.3 billion tender for PLC shares
Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»