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......»»
Anxiety About Money
If I had a million dollars. We often think of money as a fast track to satisfaction. Yet Ecclesiastes 5:10 points out that the lover of money will never be satisfied. There is never an amount of money that is enough. Money promises security, but it never completely delivers. If money can’t bring us real […].....»»
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......»»
Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025
Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»
Another money changer gets license revoked by BSP
The Bangko Sentral ng Pilipinas (BSP) has cancelled the registration of another money changer as the regulator continues to ramp up its campaign against illegally operating money service businesses (MSBs)......»»
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......»»
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......»»
Valentine’s Day tips for talking about money as a couple
NEW YORK (AP) — Money might not be the most romantic topic for Valentine’s Day, but talking about finances with your significant other is a key element of a healthy relationship. Money problems are one of the most common reasons couples separate, said Emily Simonian, head of clinical learning at Thriveworks, a mental health company......»»
Maybe no Fed rate cuts in FY24?
A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»
Cebu Landmasters FOO approved by the PSE
Cebu Landmasters had its follow-on offering of preferred shares approved by the PSE......»»
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......»»
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......»»
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......»»
Colmenares says he has no plans to run for Senate in 2025 midterm polls
CEBU CITY, Philippines — Bayan Muna chairperson and human rights lawyer Neri Colmenares revealed that he will not be running for the Senate in the 2025 elections. In 2022, Colmenares ran for senate. However, he informed Cebu media on Tuesday, March 5, that running in the 2025 polls would be challenging. “Medyo mahirap tumakbo sa.....»»
2025 Elections: Cebu logs 5,082 new applications – Comelec
CEBU CITY, Philippines — Cebu Province has logged a total of 5,082 applications on the first day of the voter registration for the 2025 elections. Commission on Elections (Comelec) Cebu spokesperson Omar Sharif Mamalinta revealed this data on Monday evening, Feb. 12. The midterm local and national elections is scheduled on May 2025. Of the.....»»
How and my senior friends spend our afternoons
How and my senior friends spend our afternoons.....»»
Any ‘Galentine’s Day’ ideas?
CEBU CITY, Philippines– Girls will always find a reason to spend time together, gossiping, and having the best time of their lives. Even during this love month when everyone is thinking about the perfect dates with their partners, single and in a relationship ladies are always ready to spend time with their main B’s even.....»»
Cebu City to spend P200M for Palaro
Cebu City to spend P200M for Palaro.....»»