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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......»»
Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
Union Bank sets SRO entitlement ratio at 0.11:1
Union Bank set the price of its stock rights offering at P30.57/share, and set the entitlement ratio at 1 rights share for every 9.1382 UBP shares owned, or 0.11 new shares for every existing share......»»
How does LTG derive income from PNB when PNB hasn’t declared dividends?
I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»
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......»»
Rights group calls for deeper look into military’s reprisals vs. rights defenders
As the motion of reconsideration for the terror charges against Ken Rementilla and Jasmin Rubia was denied by an Antipolo prosecutor, human rights alliance Defend Southern Tagalog calls for accountability of notorious rights violators. The post Rights group calls for deeper look into military’s reprisals vs. rights defenders appeared first on Bulatlat......»»
UnionBank to kick off P10-B stock rights offer
The stock rights offering of Aboitiz-led Union Bank of the Philippines is set to kick off in May to raise as much as P10 billion to fund the capital infusion of its digital bank and for other general purposes......»»
Stock trading made easier for local small investors
The Philippine Stock Exchange Inc. has rolled out new features that seek to make initial public offering and follow-on offering (FOO) subscription more accessible and efficient for investors......»»
Japan Again Calls Out Chinese Government s Rights Abuses
Last week, during China's fourth Universal Periodic Review (UPR) at the United Nations Human Rights Council in Geneva, Japan expressed "concern about the human rights situation in China" and recommended that Beijing "protect the rights of the minorities, including Tibetans and Uyghurs ... guarantee the fundamental rights and freedom under the Hong Kong basic la.....»»
Brazil: Mixed Rights Record for Lula s First Year
(Sao Paulo) - The administration led by Brazil's President Luiz Inacio Lula da Silva has made important progress in the protection of the Amazon, women's rights, and other rights during 2023, but has failed to tackle the chronic problem of police abuse or defend human rights consistently abroad, Human Rights Watch said today in releasing its&.....»»
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......»»
Cebu Landmasters board approves P5-B preferred shares offering
Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»
The difference between SROs and FOOs
It’s been a while since we’ve talked in-depth about a stock rights offering or a follow-on offering, so let’s discuss how they’re different and when a company might use one or the other......»»
Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
Indian Overseas Bank adopts multi-pronged approach to ensure recovery from NPA accounts
Indian Overseas Bank successfully reduces Gross NPA to 3.90%. Sale announced for 92 NPA loans totaling Rs 13,471.68 crore. Recovery strategies include Securitisation, Compromise Settlement, Asset Reconstruction, with e-auction on May 28, details on www.iob.in......»»
‘Vapedemic’ killing tobacco industry’
The proliferation of illegal, disposable vapes is reportedly killing the local tobacco industry as it reduces demand for tobacco-based products, leaving farmers with a shrinking market base......»»
Repression Increased in Asia in 2023, Human Rights Watch Says
Governments across Asia grew more repressive last year, emboldened by Western countries eager to curry favor with allies that might help check China's rise and taking increasingly brazen steps to silence their critics abroad, Human Rights Watch says in a new report.In its World Report 2024, launched Thursday morning in New York, the advocacy group takes stock of the human rights situation in more than 100 countr.....»»
Repression Increased in Asia in 2023, Human Rights Watch Says
Governments across Asia grew more repressive last year, emboldened by Western countries eager to curry favor with allies that might help check China's rise and taking increasingly brazen steps to silence their critics abroad, Human Rights Watch says in a new report.In its World Report 2024, launched Thursday morning in New York, the advocacy group takes stock of the human rights situation in more than 100 countr.....»»
Rights groups denounce bombing of communities in Abra, Ilocos Sur
By ANNE MARXZE D. UMIL Bulatlat.com MANILA – Human rights groups condemned the recent series of bombings in Sta. Maria, Ilocos Sur and Pilar, Abra. A news report revealed that at least 137 families of Pilar, Abra fled their homes due to the military operations. According to rights group Kaammoyo ti Kappia (KTK), the clashes… The post Rights groups denounce bombing of communities in Abra, Ilocos Sur appeared first on Bulatlat......»»
Rights groups denounce bombing of communities in Abra, Ilocos Sur
By ANNE MARXZE D. UMIL Bulatlat.com MANILA – Human rights groups condemned the recent series of bombings in Sta. Maria, Ilocos Sur and Pilar, Abra. A news report revealed that at least 137 families of Pilar, Abra fled their homes due to the military operations. According to rights group Kaammoyo ti Kappia (KTK), the clashes… The post Rights groups denounce bombing of communities in Abra, Ilocos Sur appeared first on Bulatlat......»»