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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......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

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”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Villar’s PREIT utilizes IPO proceeds for energy projects

Billionaire Manuel Villar Jr.’s Premiere Island Power REIT Corp. has used up all of the proceeds it obtained from its initial public offering to bankroll energy projects in Luzon......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

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......»»

Category: newsSource:  bulatlatRelated NewsFeb 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Over 250 bets battle it out in PPS Gov. Castro Cup netfest

The spotlight shines on emerging talents from Western Visayas with over 250 entries across nine singles age-group categories competing in the Gov. Fredenil Castro Cup National Junior Tennis Championship at the Villareal Stadium hard courts in Roxas, Capiz......»»

Category: sportsSource:  philstarRelated NewsApr 18th, 2024

250 tennisters maghinampakay sa Baddicts

250 tennisters maghinampakay sa Baddicts.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

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......»»

Category: financeSource:  philstarRelated News10 hr. 53 min. ago

Philippines, US air forces back together for Cope Thunder

The Philippine Air Force and the US Pacific Air Force are set to embark on joint exercises – involving their advanced fighter jets – from April 8 to 19 for this year’s iteration of Cope Thunder, an annual air defense and offense training event to be held in Luzon......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Iran fires air defense batteries at Isfahan air base and nuclear site after drones spotted

Iran fires air defense batteries at Isfahan air base and nuclear site after drones spotted.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Walmart Now Offering MacBook Air With M1 Chip for $699 in U.S.

Walmart Offers MacBook Air with M1 Chip for $699 Retail giant Walmart has recently started selling the MacBook Air with the M1 chip for the.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 16th, 2024

Balai Ni Fruitas response to write-up on the reallocation of IPO proceeds

On Tuesday, I wrote about Balai Ni Fruitas and the BALAI board’s reallocation of IPO proceeds to commissary construction, away from store network expansion......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Balai Ni Fruitas reallocates P50-M in IPO proceeds to complete commissary build

Balai Ni Fruitas said that its board approved a reallocation of its IPO proceeds, from “Store network expansion and store improvement”, to “Commissary set up”......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Sinulog Cup 2024 proceeds with Cesafi teams

Sinulog Cup 2024 proceeds with Cesafi teams.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

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&.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024