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BDO to raise P60B capital via stock rights

BDO Unibank Inc. (BDO) on Monday said it will raise P60 billion in fresh capital through a stock rights offer to sustain growth and provide a capital buffer as a regulatory requirement of the central bank. In a statement released by the Philippine Stock E.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 26th, 2016

Finance: BDO eyes P60-billion rights offer

BDO UNIBANK, Inc. (BDO), the country's biggest bank, on Monday announced its plan to raise up to P60 billion in fresh capital via a stock rights offer to fund its expansion plans and fortify its risk buffers......»»

Category: financeSource:  bworldonlineRelated NewsSep 26th, 2016

BDO eyes P60b rights offer

BDO Unibank, Inc. is planning to raise P60 billion (approximately US$1.25 billion) in additional core capital through a stock rights offer to fund its continued growth......»»

Category: newsSource: NewsSep 26th, 2016

Basic Energy to double capital to P5 B

Listed Basic Energy Corp. is seeking to double its authorized capital stock to allow potential strategic investors to invest in the company and to secure funds in the future......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2019

Philippines raises €750 million debt from Euro bond issue

The Philippine government said Friday it managed to raise €750 million (P44 billion) of debt from the sale of eight-year Euro-denominated bonds, which marked the Southeast Asian nation’s return to the European capital markets after more than a decade. .....»»

Category: newsSource:  philstarRelated NewsMay 10th, 2019

LT Group allocates P19 billion for capex

LT Group, Inc. (LTG) will be spending about P19 billion in capital expenditures (capex) this year, a big chunk of which will be used to support the planned stock rights offering of its banking unit......»»

Category: financeSource:  bworldonlineRelated NewsMay 7th, 2019

Stock Market: Stocks rebound as investors pick up bargains

THE BELLWETHER INDEX gained on Wednesday as investors hunted for bargains, shaking off losses recorded early this week following the US Federal Reserve's move to raise interest rates for the first time in a year......»»

Category: financeSource:  bworldonlineRelated NewsDec 21st, 2016

Corporate News: Alterra sets stage for Philab backdoor listing

ALTERRA Capital Partners, Inc. has executed its takeover of Philab Industries, Inc. through a P860-million transaction aimed at facilitating the latter's backdoor listing on the Philippine Stock Exchange (PSE)......»»

Category: financeSource:  bworldonlineRelated NewsDec 21st, 2016

Stock Market: Investors eye 'Santa Claus' rally as year closes

LOCAL INVESTORS are pinning their hopes on a "Santa Claus" rally as the year comes to a close amid an absence of potential catalysts to drive equities after the US Federal Reserve's decision to raise rates last week......»»

Category: financeSource:  bworldonlineRelated NewsDec 18th, 2016

PSEi tumbles along with regional bourses

MANILA, Philippines - Share prices tumbled yesterday after the US Federal Reserve’s decision to raise interest rates but the Philippine Stock Exchange said t.....»»

Category: financeSource:  philstarRelated NewsDec 16th, 2016

Stock Market: Stocks plunge as markets eye Fed policy meeting

STOCKS slumped to start the week ahead of the US Federal Reserve meeting, where policy makers are almost certain to raise interest rates......»»

Category: financeSource:  bworldonlineRelated NewsDec 12th, 2016

Why CAT does not increase outstanding capital stock

Why CAT does not increase outstanding capital stock.....»»

Category: newsSource:  manilatimes_netRelated NewsDec 4th, 2016

Pryce approves P240-M capital hike

MANILA, Philippines - Pryce Corp. is infusing fresh capital after its board approved a P240-million increase in its authorized capital stock......»»

Category: financeSource:  philstarRelated NewsNov 28th, 2016

Mindawon artists to hold exhibit to support Tebow Cure Hospital

DAVAO CITY (MindaNews / 14 Nov) – A group of Mindanawon artists will hold an exhibit to promote art as a tool for healing and to raise funds that will benefit the children being taken care of by the one-year-old non-stock and non-profit Tebow Cure .....»»

Category: newsSource:  mindanewsRelated NewsNov 14th, 2016

Corporate News: Capital raised at stock market unlikely to meet P200-B goal

THE PHILIPPINE Stock Exchange, Inc. (PSE) has conceded to missing its target of facilitating P200 billion worth of fund-raising activities amid the volatility that hounded markets across the world......»»

Category: financeSource:  bworldonlineRelated NewsNov 13th, 2016

Companies return to market ahead of US Fed rate hike

MANILA, Philippines - Companies are now scrambling to raise funds either through a public listing or through the debt market, braving the prevailing stock ma.....»»

Category: financeSource:  philstarRelated NewsOct 16th, 2016

Shakey’s to go public, hopes to raise P5.5-B in IPO

Shakey’s Pizza Asia Ventures Inc. (SPAVI) will debut at the Philippine Stock Exchange with plans to raise up to P5.5 billion via initial public offering this year......»»

Category: newsSource: NewsOct 11th, 2016

Shakey’s seeks P5.5-B IPO

MANILA, Philippines - A leading full-service restaurant in the country seeks to raise up to P5.5 billion from a local stock market debut this year......»»

Category: newsSource:  philstarRelated NewsOct 10th, 2016

ICTSI unit Royal Capital to make tender offer for debt management

Royal Capital B.V., a subsidiary of listed firm International Container Terminal Services Inc., is conducting a tender offer of its existing debt securities to manage its debt maturity profile. In a disclosure to the Philippine Stock Exchange, ICTSI said .....»»

Category: newsSource:  manilatimes_netRelated NewsOct 3rd, 2016

Thousands of Indonesian workers protest tax amnesty

JAKARTA: Thousands of workers rallied Thursday in the Indonesian capital Jakarta against a controversial government scheme to raise revenues that, critics claim, has allowed wealthy tycoons to avoid paying tax. The tax amnesty program began in July, offer.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 29th, 2016