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PSE to AR shareholders: get a lawyer and explore your legal options

Yesterday, I wrote about the SEC’s finding that Abra Mining and its directors and officers defrauded the public when ghost shares were sold to certain shareholders by way of private placements and then flipped to unwitting public buyers......»»

Source: philstar philstarCategory: finance14 hr. 16 min. ago Related News

DDMPR Q4 dividend fell 9.9% q/q

DDMP declared a Q4/23 dividend of P0.023137/share, payable on May 31 to shareholders of record as of May 7......»»

Source: philstar philstarCategory: finance14 hr. 16 min. ago Related News

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......»»

Source: philstar philstarCategory: finance14 hr. 16 min. ago Related News

SM Offices leverages proptech strategies to better serve tenant-partners

SM Offices, a division of SM Prime, is one of the leading developers in the country that is actively leveraging on such technologies—taking great pride in the proptech solutions it utilizes to slash energy consumption and revolutionizing its space solutions to become more sustainable......»»

Source: philstar philstarCategory: finance14 hr. 16 min. ago Related News

VistaREIT declares chunky Q4 div

VistaREIT declared a Q4/23 dividend of P0.0538/share, payable on May 28 to shareholders of record as of May 7......»»

Source: philstar philstarCategory: finance14 hr. 16 min. ago Related News

NCR construction material price growth eases in March

Retail prices of construction materials in Metro Manila went up at its slowest pace in more than four years in March, according to the Philippine Statistics Authority......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

ATI to spend P2.7 billion for ports upgrade

The operator of some of the largest ports in the Philippines is increasing its capital expenditures to P2.7 billion this year, seeing the need to expand its capacity as trade recovers here and abroad......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

First Gen awards contract to Chinese firm

Lopez-led First Gen Corp. has awarded a contract to Chinese firm China National Offshore Oil Corp. to supply one liquefied natural gas cargo of approximately 130,000 cubic meters......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

ACEN receives $150 million green term loan from SMBC

A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll investments in renewable energy projects across the region......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

MPTC offers P2.5 billion to buy out government share in CAVITEX

Metro Pacific Tollways Corp. is willing to spend as much as P2.5 billion to acquire the remaining interest of the government in the operations and maintenance of the Manila-Cavite Expressway......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

VMC net income tumbles on low sugar prices

Low sugar prices and output dragged the earnings of listed sugar miller Victorias Milling Co. Inc. by more than a third in the first half of its current crop year......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

Government releases P3.4 billion calamity funds in Q1

The government released a total of P3.4 billion in calamity funds in the first quarter of the year as it financed various disaster relief operations......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

Ninja Van eyes expansion in hard-to-reach areas

Express courier Ninja Van Philippines plans to widen its presence outside Metro Manila, as it wants to capture the growing demand for e-commerce deliveries as far as Mindanao......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

Philippines financial sector expands by 8 percent in February

The total resources of banks and non-bank financial institutions rose by 7.9 percent to P30.87 trillion as of end-February from P28.58 trillion in the same period a year ago, based on preliminary data from the Bangko Sentral ng Pilipinas......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

AGI posts record P30.3 billion profit

Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

SEC, UP Law Center partner to boost capital market

The Securities and Exchange Commission has joined forces with the University of the Philippines Law Center to boost the capital market......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

Vista Land ends 2023 with strong earnings

Vista Land & Lifescapes Inc., the listed property developer of the Villar Group, capped off 2023 on a high note with a 39-percent increase in net income at P10.3 billion......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

DoubleDragon bolstering asset portfolio

DoubleDragon Corp., the property developer chaired by Edgar “Injap” Sia II and Tony Tan Caktiong, is bolstering its asset portfolio this year as the company looks to sustain its momentum after profit grew by nearly a quarter last year......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

Fruitas earnings soar in 2023

Listed food and beverage retail operator Fruitas Holdings Inc. saw its earnings soar in 2023 on the back of all-time high annual revenues......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News

Private firms urged to tap EWA services

The private sector is urged to tap earned wage access services to reduce financial stress among Filipinos who often run low in cash as they await the next paycheck......»»

Source: philstar philstarCategory: financeApr 16th, 2024Related News