SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls
The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»
OceanaGold PH IPO approved by SEC
OceanaGold received SEC approval for its proposed P7.88 billion IPO......»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
Info on cornerstone investors now required
The Securities and Exchange Commission (SEC) has laid down rules governing cornerstone investors in initial public offerings, requiring issuers to disclose the necessary information on their prospective investors......»»
Isabel Oli balik-showbiz na; umabot na sa 185 ang talent ng Cornerstone
HALOS magkasing-level na pagdating sa pagma-manage ng artists ang talent management ng ABS-CBN na Star Magic at ang Cornerstone Entertainment. Kaya namin ito nasabi ay dahil umabot na pala sa 185 artists ang mina-manage ni Erickson Raymudo, Presidente at CEO ng Cornerstone katuwang sina Jeff Vadillo (Vice President), Mac Merla, Caress Caballero at Cynthia Roque.....»»
SEC makes registration easier for power companies that are forced to IPO by law
The SEC issued a notice that simplifies the registration process for power generation companies and distribution utilities that are forced to IPO at least 15% of their shares under the EPIRA law......»»
Guidelines for IPO cornerstone investors issued
The Securities and Exchange Commission has set the guidelines for cornerstone investors in initial public offerings as part of its continuing efforts to boost investor participation in the capital market......»»
No lottery in PBA draft
A plan to hold a special no-order, computer-generated lottery for PBA draft applicants who would’ve been eligible to join at least four years earlier isn’t pushing through after all. According to PBA commissioner Willie Marcial, any change in format will require approval from the Board of Governors and for the moment, the guidelines for the draft on July 14 remain the same as before, meaning the order will follow the reverse standings of the teams the previous season unless slots are traded......»»
CTTMO heightens 20-sec rule for PUVs
The City Transport and Traffic Management Office (CTTMO) in Davao City is intensifying the enforcement of the 20-second rule for public utility vehicles (PUVs) in loading/non-loading areas to alleviate traffic congestion during peak hours. CTTMO Head Dionisio Abude announced that 36 new traffic personnel will be assigned to monitor yellow boxes and ensure that PUVs, particularly jeepneys, do not exceed the 20-second limit in designated areas. Violators will be issued citation tickets for disregarding traffic signs, and those with expired or fake PUV IDs will face penalties. Additionally, the CTTMO is increasing efforts to curb illegally parked cars and urging drivers to keep intersections clear. These measures, along with the enforcement of the new speed limit policy, aim to promote safe and orderly traffic. Abude emphasized the importance of motorists' cooperation in respecting traffic rules and regulations for a disciplined and courteous driving environment......»»
Citicore Renewable Energy IPO scheduled for May 31
Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»
SM Prime rethinking 2024 SM REIT listing plans
Property developer SM Prime added to concerns that it might delay the IPO of its monster $1 billion REIT when one of its directors, Hans Sy, said that the company’s cashflow is “very strong”, and that while he’s “not ruling [an SM REIT IPO] out this year”, he doesn’t yet see a “purpose” to “immediately go into an IPO”......»»
OceanaGold Philippines files for P7.9-B IPO
OceanaGold Corp. a Canadian gold mining company [link], has filed an application to the SEC to conduct an IPO for its Philippines-based subsidiary, OceanaGold Philippines......»»
SEC Statement on the Hack of Our X Account and the Subsequent False Bitcoin ETF Approval Announcement
Title: SEC Collaborates with Law Enforcement to Combat Threats Promptly In a bid to ensure investor protection and maintain market integrity, the U.S. Securities and.....»»
Proposed EU Forced Labor Regulation Should Focus on Workers
European Union governments meeting today in Brussels to discuss a proposed ban on products linked to forced labor, should allow forced labor victims in companies' supply chains to receive remediation. Companies and business associations have called for remediation to be included in the draft.....»»
SEC orders Infinity8 to halt operations
The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»
Moira Dela Torre s quote card on Lenka-Shaira issue fake — Cornerstone
Cornerstone Entertainment debunked a quote card about Moira Dela Torre allegedly commenting on the Lenka and Shaira issue......»»
Cornerstone’s Michael Sager, Zephanie look back on journey to becoming Kapuso
Michael Sager and Zephanie, who are co-managed by Cornerstone with Sparkle GMA, are taking a break from their onscreen team-up amid individual projects......»»
Catriona Gray, Sam Milby dunay gi-atubang nga problema sa ilang relasyon
Duna kunoy gi-atubang nga problema sa pagkakaron ang engaged couple nga sila si Miss Universe 2018 Catriona Gray ug Sam Milby. Kini ang gipahibaw sa Cornerstone Entertainment, ang talent management sa duha. Matud sa Cornerstone nga gibuhat nila ni Catriona ug Sam ang tanan para masulbad ang maong problema. ALSO READ: Catriona Gray, Sam Milby.....»»
Catriona Gray, Sam Milby may pinagdaraanan sa relasyon, ano’ng isyu?
TOTOONG may pinagdaraanan ngayon ang engaged couple na sina Miss Universe 2018 Catriona Gray at Sam Milby. Kinumpirma ng Cornerstone Entertainment, ang talent management, sina Sam at Catriona, na ginagawa nila ang lahat para maayos kung anuman ang kanilang mga problema. “We at the Cornerstone, as the talent management agency representing artists Sam Milby and.....»»
Sam Milby, Catriona Gray facing some challenges — Cornerstone
Sam Milby and Catriona Gray's Cornerstone Entertainment talent agency set the record straight over the split rumors surrounding the celebrity couple......»»