PSE approves Phoenix P7-B share sale

THE Philippine Stock Exchange (PSE) has approved a plan for Phoenix Petroleum Philippines Inc. to raise P7 billion via a follow-on offering (FOO). In a regulatory filing late Thursday, the PSE said it authorized Phoenix to sell seven million preferred shares at a tentative price of P1,000 each. This is inclusive of a base size […] The post PSE approves Phoenix P7-B share sale appeared first on Daily Tribune......»»

Category: newsSource: tribune tribuneOct 12th, 2019

Irving returns with 21 points, Nets pound Hawks 108-86

By Brian Mahoney, Associated Press NEW YORK (AP) — Kyrie Irving scored 21 points in 20 minutes of an easy return from a two-month absence with an injured right shoulder, leading the Brooklyn Nets to a 108-86 victory over the Atlanta Hawks on Sunday (Monday, PHL time). Irving shot 10 for 11 from the field after missing 26 games with an impingement. The shoulder looked fine and his handle looked as good as ever while he dribbled his way around a hopeless Atlanta defense. Energized by his return that still seemed a ways away just a week ago, the Nets led by 39 points and won their second straight after dropping seven in a row. Cam Reddish scored 20 points for the Hawks, who played without star guard Trae Young because of a left hamstring injury and lost their fourth straight. Taurean Prince scored 14 points for the Nets, who made it such an easy night that their fans didn't need to worry about the scoreboard as they roared for Vince Carter's two 3-pointers in the fourth quarter. The 42-year-old former Nets star finished with eight points in his final road appearance against the franchise. Irving began feeling pain in his shoulder early in the season, and he took himself out of the lineup after a game in Denver on Nov. 14 (Nov. 15, PHL time). The Nets held up well without him for a while thanks mostly to Spencer Dinwiddie's strong play, but had faltered recently and struggled especially in crunch time. Irving got a cortisone shot on Dec. 24 (Dec. 25, PHL time), revealing last weekend his options were that or surgery. He gave no indication then he was close to returning, but participated fully in practice this week. He started alongside Dinwiddie to share the playmaking responsibilities and did most of his scoring near the basket, making the only 3-pointer he attempted. The Nets were already leading 70-46 at halftime before he went 5 for 5 for 10 points in a dazzling six-minute stretch of the third quarter. TIP-INS Hawks: Carter got a nice ovation when he checked in and then when he checked out for good in his final road appearance against the Nets. He spent 4 1/2 seasons with the franchise when it was in New Jersey and is third on the Nets' scoring list. His old team was a bit premature with its goodbye, playing a tribute video for Carter when the Hawks played here last year, though he had given no indication he planned to retire. He ended up coming back and became the first player to play 22 NBA seasons. ... Coach Lloyd Pierce said Young got treatment in Washington, where the Hawks practiced Saturday (Sunday, PHL time), and was still sore Sunday (Monday, PHL time). Brandon Goodwin started in his place. Nets: Brooklyn has won the last eight meetings. That's only halfway to the longest winning streak in the series, as Atlanta won 16 straight from 1986-89. ... Brooklyn's previous biggest lead in a game this season was 26 points against Philadelphia on Dec. 15 (Dec. 16, PHL time). FAN FAVORITES Young and Irving are the leading vote-getters among Eastern Conference guards after the second returns of fan balloting for the NBA All-Star Game. Young had received 1,389,628 votes in totals announced Thursday (Friday, PHL time), and Irving had 1,351,997. STATEMENT SHIRTS The Nets warmed up in shirts reading “No Place for Hate." The shirts were designed in collaboration with the Anti-Defamation League after a number of anti-Semitic attacks in Brooklyn over the past few months. UP NEXT Hawks: Host Phoenix on Tuesday (Wednesday, PHL time). Nets: Host Utah on Tuesday (Wednesday, PHL time)......»»

Category: sportsSource:  abscbnRelated NewsJan 13th, 2020

Filinvest approves sale of fixed-rate bonds worth P15b

Filinvest Development Corp. plans to raise up to P15 billion from the issuance of fixed rate bonds......»»

Category: financeSource:  thestandardRelated NewsJan 10th, 2020

PSE okays share sale of Century worth P3b

The Philippine Stock Exchange approved the P3-billion preferred shares offering of Century Properties Group Inc., the listed property company of the Antonio family......»»

Category: financeSource:  thestandardRelated NewsDec 12th, 2019

Public Urged to Invest in ‘Premyo’ Bonds

The government is encouraging ordinary Filipinos to learn how to save money while increasing their chance of winning cash prizes and a house. National Treasurer Rosalia de Leon said the bond sale, dubbed “Invest Pa More, Panalo Pa More Premyo Bonds Para Sa Bayan”, aims to pull in small savers and share in nation building […].....»»

Category: newsSource:  metrocebuRelated NewsNov 27th, 2019

Saudi Aramco to launch giant stock offering November 17

RIYADH, Saudi Arabia – Saudi Aramco said it would start taking bids from investors on November 17 in a highly anticipated stock offering, as it released a prospectus that did not disclose the size of the sale or the pricing range. The 658-page document said the final share price would be determined ........»»

Category: newsSource:  rapplerRelated NewsNov 10th, 2019

PBA: Hot shooting TNT drops Phoenix to maintain perfect run

TNT shoots its way to a 3-0 start in the 2019 PBA Governors’ Cup. The KaTropa were on target from deep in the second half Wednesday, burning Phoenix for a 123-118 win at the Big Dome. In an incredible shooting performance, TNT connected on 13 triples in the second half, eight in the fourth, to finally put away the Fuel Masters. As a team, the KaTropa shot 18/30 from deep with Troy Rosario leading the pack at six triples. Rosario thus led the way for the KaTropa with 32 points as TNT once again grabbed a share of first in the team standings. NLEX is the other team with a 3-0 record. Import KJ McDaniels also finished with 32 points while also grabbing eight rebounds and six assists. RR Pogoy fired 22 points and Jayson Castro was good for 20 points. Matthew Wright was the high man for Phoenix with 30 points and Eugene Phelps added another 29 markers. The Fuel Masters dropped to 1-3 with the loss.   The scores: TNT KATROPA 123 — McDaniels 32, Rosario 32, Pogoy 22, Castro 20, Trollano 13, De Leon 2, Vosotros 2, Carey 0, Magat 0, Semerad 0, Washington 0. PHOENIX PULSE 118 — Wright 30, Phelps 29, Perkins 18, Jazul 15, Mallari 9, Garcia 6, Kramer 4, Marcelo 3, Napoles 2, Chua 2, Dennison 0, Potts 0. Quarters: 32-23; 61-57; 94-91; 123-118.     — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsOct 2nd, 2019

PBA: Ravena wants more defense after TNT gives up 118 points in win

TNT just regained a share of first place in the 2019 PBA Governors’ Cup Wednesday with a win over Phoenix Pulse. The KaTropa shot 18/30 from deep to take down the Fuel Masters, 123-118. However, TNT head coach Bong Ravena is not quite satisfied for the simple fact that they gave up 118 points to Phoenix. “Di kami pwede maglaro ng ganun. 118 points. Our defense was not good,” Ravena said. “Offensively andun lang eh. Kailangan talaga magiging consistent ka sa depensa eh. You have to make stops, you cannot give away 118 points a game,” he added. Ravena says that the goal is to always limit opponents to under 100 points. If TNT gives another defensive performance like that in the future, the KaTropa could be in for a rough outing according to Ravena. “At least less than 100. Over 100, medyo wala kang tatalunin na malalakas na team niyan,” he said. “Syempre yung basis mo San Miguel, di pwedeng ganun yung depensa. Tatambakan kami nun. Buti na lang mga locals stepped up,” Ravena added.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsOct 2nd, 2019

PBA: Can TNT roll past a revived Phoenix team?

After back-to-back impressive wins to start the 2019 PBA Governors’ Cup, TNT once again looks to gain a share of the lead in the season-ending joust. Behind import KJ McDaniels, the KaTropa already have two solid victories against Blackwater and Rain or Shine. On Wednesday, TNT shoots for three in a row opposite a revived Phoenix squad. A victory for the KaTropa allows them to tie idle NLEX for first place in the team standings. The Fuel Masters are at 1-2 but they are coming off a morale-boosting win over Brgy. Ginebra last week. Phoenix is on the move to take out another contender as the team builds momentum. Tip off for TNT-Phoenix will be at 7:00 p.m. right after the 4:30 p.m. showdown of Northport (1-1) and Columbian (1-1). Both games will be at the Big Dome.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsOct 1st, 2019

Phoenix seeks upset win; Bolick, Perez clash

TNT KaTropa aims for a third straight victory and a share of the lead when it takes on Phoenix Pulse Wednesday in the PBA Governors’ Cup at the Smart Araneta Coliseum. The KaTropa are determined to maintain their strong start and prevent the Fuel Masters from scoring another upset victory in their match set at […].....»»

Category: newsSource:  tempoRelated NewsOct 1st, 2019

Golfer Saso Leads Siklab Sports Youth Awardees

Reigning girls PGA champion Yuka Saso heads the cast of awardees when the Phoenix Petroleum Siklab Sports Youth Awards 2019 honors the future heroes of Philippine sports at the Market! Market! Activity Area in Bonifacio Global City, Taguig City on September 2. The 18-year-old Asian Games gold medalist will share the stage with triathlete Andrew […].....»»

Category: newsSource:  metrocebuRelated NewsAug 23rd, 2019

U.S. State Dept approves sale of 66 F-16 fighters to Taiwan

WASHINGTON, DC, USA – The US State Department on Tuesday, August 20, approved the sale of 66 F-16 fighters to Taiwan , in a move expected to anger Beijing. Taiwan will get the latest version of the Lockheed Martin-built fighter, the F-16C/D Block 70, in the $8 billion deal, the State Department said. Secretary of ........»»

Category: newsSource:  rapplerRelated NewsAug 21st, 2019

More companies close in on maiden share sale

More companies close in on maiden share sale.....»»

Category: financeSource:  bworldonlineRelated NewsAug 20th, 2019

PBA: Terrence Jones new tropa wants to send him back to the NBA

Over the last couple of seasons, the PBA has seen its share of super imports. Ginebra’s Justin Brownlee immediately comes to mind. Meralco’s Allen Durham and Phoenix’s Eugene Phelps fit in that mold too. Alaska’s Mike Harris is in that list as well. The uber-talented Glen Rice Jr. could have made it if he just got it together. But for the 2019 PBA Commissioner’s Cup, TNT brought not just any other import. Tired of underperforming for the past few conferences, the KaTropa went ahead and signed former Houston Rockets forward Terrence Jones for the mid-season joust. With Jones, TNT went the super — SUPER — import route and it has been worth every penny for the KaTropa, at least so far.   ROCKET MAN Many former NBA players have played in the PBA before, that’s not a new thing. But what makes Jones special is that he’s at his peak of his powers now as he plays his first stint in the PBA. Jones is a former first-round pick and was a legitimate NBA contributor. In his best NBA season, in 2013-2014 for Houston, Jones started 71 games and had career-high numbers of 12.1 points and 6.9 rebounds per game. This dude is legit. “Oo iba, iba siya talaga,” guard RR Pogoy said of Jones. (Yes, he’s really different). In just one conference, Pogoy and Jones have clicked as teammates. Terrence has admitted that RR is one of his favorite local targets when he’s trying to spot an open teammate when opposing teams double on him. Pogoy admits that Jones is one of the best, if not the best, import he’s ever played with. “Pwedeng-pwede pa siya talaga sa NBA eh. Iba yung skills niya,” he added. (He could still play in the NBA. His skills are just different).   THE DIFFERENCE TNT has ran pretty much the same system for years. Whether you like this team or now, they know what style they want to play andd they identify players that fit that system well. The KaTropa have dominated the PBA without a traditional big man. Ask other teams, they’ve been blindsided and bamboozled by a TNT offense led by diminutive point guards like Jimmy Alapag and Jayson Castro. However, the KaTropa have hit another rough patch. The team hasn’t made it to the PBA semifinals since 2017. Their 2018 campaign was a lot like the horror 2016 year with the only difference being three seasons ago, they actually made it to the semifinals of the Governors’ Cup as a no. 1 seed. Last year, they won zero playoff games and missed the playoffs altogether once so in essence, 2018 was a worse nightmare for the KaTropa. It didn’t help that in the previous All-Filipino, they were practically a missed 24-second violation away from ending the San Miguel Beer Philippine Cup dynasty. The winning formula no longer works for TNT. Or at the very least, it’s not as effective. Enter Terrence Jones. “Malaking tulong talaga siya sa team namin. Kung ano yung kulang samin, parang fit na fit talaga siya eh. Napa-dali na lang yung mga buhay namin sa basketball,” Pogoy said of Jones. (He’s a big help to our team. What we lack, he fits right in. Our basketball lives are easier with him). “Yung rebounding tsaka yung pagka-shot blocker niya [malaking tulong]. Naiilang din yun kalaban namin eh, sa rebound naman naco-control namin kasi may malaki na kami, yun naman talaga kulang namin,” Pogoy added. (His rebounding and his presence as a shot blocker is a huge help). In 10 games so far, Jones is averaging 14.9 rebounds per game. That may not seem much for an import but he’s never had fewer than 10 in a game and has hit a high 22 rebounds. His shot blocking has helped TNT shore up its overall defense as well with Jones averaging 2.9 rejections a game with his three best performances coming against Columbian (7 blocks), Ginebra (6 blocks), and San Miguel (5 blocks). The last two teams feature perhaps the two best frontlines in the league today by a wide margin. Aside from his defensive presences, Jones is a force on offense as well, averaging 34.5 points on close to 50 percent shooting. He’s hit over 30 points eight times and over 40 points four times. Scoring will be a given for a player of his caliber but what sets him apart is his ability to locate open teammates and willingly pass the ball to them. Jones is good for at least four assists in every game and he’s topped out at 16 dimes so far. In 10 games, he’s rounding up to 7.7 assists per outing which leads all imports, and the whole league actually. “Talagang willing passer siya, hinahanap din niya talaga yung mga kasama niya. Kumbaga di niya inaako lahat yung scoring load,” forward Troy Rosario said of his new frontcourt tandem in Jones. (He’s a willing passer. He really tries to find his teammates and he’s not trying to shoulder all the scoring load). “Kami ready pa rin kami lagi. Syempre yung experience niya sa NBA talagang pinapakita niya dito, natutulungan din niya kami kung saan kami dapat lumugar sa plays kasi advanced na siya eh, kahit di na sabihin ni coach alam na niya dapat gawin,” he added. (We’re just ready as locals. He’s really showing his NBA experience here, he’s helping us to where we need to be on plays because he’s so advanced he knows what to do even before coach tells us).   THE LEADER Aside from putting up big numbers across the board, there’s one underrated factor about Terrence Jones that has led to him making a positive impact on TNT. Jones made an effort to be a leader for the KaTropa and his teammates have rallied behind him for sure. The result is in the way they play and the way they win in the Commissioner’s Cup. “I think it’s come to them [TNT locals] listening and understanding that I have a little experience on what it takes to try to win and be a good teammate,” Jones said of his leadership role with the KaTropa and how it worked out. “They listened and understood that and we’ve been having fun ever since,” he added. TNT is full of alpha-level players but Jones’ NBA resume has certainly helped in making them line up behin their import and provide support. The the KaTropa have been running like a well-oiled machince with that set up. “Leadership pa lang niya ang laking tulong na samin. As locals, ginagawa lang namin kung ano dapat namin gawin para maka-contribute din and para matulungan din siya,” Rosario said. (His leadership alone is a big help for us. As locals, we just try to do what we need to do to contribute and to help him out). “Magaling siya, isa talaga siya mga leader namin ngayon. Talagang nili-lift up niya kami, di lang sa salita pati sa gawa,” Pogoy added. (He’s great, he’s one of our leaders now. He really lifts us up not just with words but with action as well)   THE LONG ROAD BACK TO THE ASSOCIATION It would be incredible if TNT ends up having Terrence Jones as a resident import the same way Ginebra has Justin Brownlee or Phoenix has Eugene Phelps or Meralco having Allen Durham. However, the KaTropa know that their super import still has a good shot of returning to the NBA and they plan on helping him get back there. “Syempre goal namin makapasok sa playoffs, nagawa na namin yun. Ang susunod na step is next round sa playoffs. Malaking tulong din yun sa kanya kasi yung pangalan niya bumabango ulit,” Rosario said. (Our goal is to make the playoffs and we did that. Now the next step is to get to the next round of the playoffs. That’s a big help for him to get his name out there again). “Preparation na rin kasi alam namin na after dito, meron siyang invites sa mga training camps,” he added. (It’s also good preparation because we know after this, he has some invites to camps). With TNT at 9-1 and a top-2 seed in the playoffs, the team is certainly favored to win in the Commissioner’s Cup. And perhaps one of Jones’ best ways to once again get some traction is to put up great numbers for a championship team in a big league like the PBA. There’s a big check mark on the numbers part and while he can’t win a title by his lonesome, Jones has an entire tropa that has his back. “Lalo na kung mag-champion kami, mabango yung pangalan niya di ba?” Pogoy said. (If we win the championship, that’s good for his name, right?). “Marami naman nags-scout diyan, nakikita siya and maganda pinapakita niya. Feel ko [kaya bumalik sa NBA],” he added. (There’s people that scout him, seeing him and how good he’s been performing. I feel [he can make it back to the NBA]). Of course, winning a PBA championship does not directly award Jones and NBA roster spot. However, he appreciates that his team backs him up in that regard. Right now TNT’s super import is just concerned about playing well with his team and winning more games. “I appreciate it, I wish nothing but the best for all my teammates as well,” Jones said. “I hope you guys see that while we’re playing, we’re smiling and enjoying one another when anybody scores. It’s just like a family atmosphere,” he added.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsJul 16th, 2019

PBA: Jones’ KaTropa test their mettle vs. champion Ginebra

Brgy. Ginebra’s title defense is off to a rough start. The Gin Kings are 2-2 in the 2019 PBA Commissioner’s Cup and one might say that they’re pretty lucky to be at .500 early in the tournament. Without super import Justin Brownlee doing the heavy lifting, Ginebra could be easily at 1-3 right now, or worse, winless after four games. Still, Ginebra is a 2-2 and the champs can start correcting their early-conference struggles by picking up a nice win Wednesday at the Big Dome. However, that’s harder than it sounds as the Gin Kings meet TNT, one of the hotter teams in the tournament so far. Led by another super import in Terrence Jones, the KaTropa enter this 7:00 p.m. showdown tied for second place with a 4-1 mark after back-to-back lopsided wins over Phoenix and San Miguel. Before TNT and Ginebra take the court though, Northport and Magnolia clash for the first 4:30 p.m. game. The Batang Pier share second place with TNT while the Hotshots are at 0-1 entering the Wednesday.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsJun 11th, 2019

MPIC hospital unit drops IPO plan, mulls over share sale deal

MPIC hospital unit drops IPO plan, mulls over share sale deal.....»»

Category: financeSource:  thestandardRelated NewsMay 2nd, 2019

Petron readies P20-B preferred share offer

Petron Corp., the country’s biggest oil refiner, is set to start the sale of its P20 billion preferred share offering on May 27......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2019

Indian company Wipro acquires beauty products maker Splash

MANILA, Philippines – The Ang-Hortaleza Corporation and Indian company Wipro Consumer Care signed a share purchase agreement for the sale of 100% of the former's stake in the personal care business of Splash Corporation , the companies announced on Monday, April 29. The two parties did not disclose how much ........»»

Category: newsSource:  rapplerRelated NewsApr 29th, 2019

Alterra to raise P4.7b from share sale, loans

Alterra to raise P4.7b from share sale, loans.....»»

Category: financeSource:  thestandardRelated NewsJan 17th, 2017

Beermen clinch playoff bonus on their day off

As proof of their dominance so far in the Philippine cup, two-time defending champion San Miguel Beermen clinched a twice-to-beat advantage in the playoffs despite doing nothing Sunday. Following their seventh straight win just two days before to improve to a league-best 8-1, there was still a slight chance that the Beermen would actually fail to finish in the top two. But with both Alaska and TNT losing their respective games Sunday at the Big Dome, there's no doubt now about San Miguel heading to the playoffs to defend its title with some perks. Head statistician Fidel Mangonon III confirmed that the champs got the first of the two twice-to-beat advantages in the quarterfinals. As for the rest of the field, eight teams are currently separated by one game in the standings. Globalport and Rain or Shine currently share second place with identical 5-3 cards while Blackwater sits alone at fourth with a 5-4 record. TNT, Star, Ginebra, Phoenix, and Alaska are all stuck in the middle at 4-4 while Mahindra, NLEX, and Meralco complete the list with two wins each. Only eight teams advance in the Philippine Cup with the top-2 seeds earning a twice-to-beat advantage. Teams ranked 3rd-6th figure in a best-of-3 series and all ties are to be broken by the quotient system.   --- Follow this writer on Twitter, @paullintag8 .....»»

Category: sportsSource:  abscbnRelated NewsJan 16th, 2017

Macay dusts off planned $200-M share sale

SOFTDRINKS bottler Macay Holdings, Inc. of Alfredo M. Yao plans to revive a $200-million share sale while tweaking the terms of the offer......»»

Category: newsSource:  bworldonlineRelated NewsJan 11th, 2017