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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......»»

Category: financeSource: philstar philstarApr 17th, 2024

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

A Brown’s P1.4-B FOO lists today

A Brown announced that it raised P1.44 billion through its preferred shares follow-on offering......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

A Brown gets green light for P1.5 billion share offer

A Brown Co. Inc. has secured approval from the Philippine Stock Exchange to raise up to P1.5 billion through a preferred shares offering......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Century Properties P4-B prefs sale approved by PSE

Century Properties had its follow-on offering of preferred shares approved by the PSE......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Boulevard Holdings sells 1.5-B shares to ownership group

Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Bank of Commerce raises P6.57 billion from bond offering

San Miguel-led Bank of Commerce has raised P6.57 billion in its second foray into the domestic debt market, as institutional and retail investors swarmed its peso bond offering......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

CLI allots higher capex, partners with Japan firm

Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Century Properties eyes P4 billion from pref shares issue

Century Properties Group Inc. has set the preliminary terms for its planned preferred shares issuance, in which the company intends to raise as much as P4 billion......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

ICTSI on expansion mode; raises capex to $450 million

International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Cebu Pacific shelves plans for Saudi, China flights

Low-cost carrier Cebu Pacific is focusing its international expansion within East and Southeast Asia this year, shelving plans of launching flights to Saudi Arabia and reopening trips to Beijing as supply issues shake the airline......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

EY GDS Announces Plans to Hire Talent for Expanding Cybersecurity Operations in Cebu

EY Global Delivery Services (EY GDS) has announced that it will be hiring more talent for expnding its cybersecurity operations in Cebu. This announcement follows the successful launch of its advanced, multi-million facility in Manila in September 2019. EY GDS talent expansion plans are in response to the growing need for augmenting its pool of […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Megaworld raises P500 million from sale of MREIT shares

Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Capitol defends plans to relocate in Balamban

CEBU CITY, Philippines – The Cebu Provincial Government defended its plans to relocate its seat of power to Balamban town in western Cebu amid criticisms following site redevelopment in the locality’s mountains. Furthermore, they assured the public, including environmentalists, claiming that the project would not ‘bring massive environmental damage in Cebu.’ The Capitol made this.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

AREIT eyes up to P9 billion additional share offering

AREIT Inc. is planning a follow-on offering or private placement of shares to boost its public float which would decrease following a major property-for-share swap transaction with its sponsor Ayala Land Inc......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Cebu Daily Newscast: Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, February 29. Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections Former Cebu City Mayor Tomas Osmeña announced his plans to run for Vice Mayor in the 2025 midterm elections.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Mandtra Residences Showroom Opens In Mandaue City

Cebu Landmasters Inc. (CLI) and Cebu Homegrown Developers Inc. opened Mandtra Residences’ showroom in Casuntingan, Mandaue City.  Elegantly designed with an urban tropical style, the high-ceiling showroom includes outdoor and indoor lobbies, a reception area, a meeting room, sales office, a bare studio type unit, and fully-furnished studio and one-bedroom units. CLI Chairman and Chief.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

CLI secures PCC approval for JV with Singapore builder

Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Hontiveros raises concerns over Bamban, Tarlac mayor’s Chinese ties

Hontiveros raises concerns over Bamban, Tarlac mayor’s Chinese ties.....»»

Category: newsSource:  sunstarRelated NewsMay 9th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024