Citicore Energy REIT doesn’t deny report of potential 30% stake sale
Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»
Filinvest REIT dividend continues to crumble
Filinvest REIT declared a Q4/23 dividend of P0.067/share, payable on March 26 to shareholders of record as of March 11......»»
RL Commercial REIT declares record dividend
RL Commercial REIT declared a Q4/23 dividend of P0.098/share, payable on February 29 to shareholders of record as of February 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......»»
REIT revival looms this year
Stock market investors may see a revival of the real estate investment trust (REIT) market this year......»»
DOE slates 3rd round of Green Energy Auction
Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»
Philippines, Indonesia seek to strengthen cooperation for energy security
MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»
The PSE’s first IPO might be delayed until next quarter
A report from Iris Gonzales of The Philippine Star said that the Citicore Renewable Energy Corp. IPO might be moved from late March to sometime in Q2 to be more “in line with the expected lowering of interest rates” and to give CREC more time to “complete some remaining regulatory requirements”......»»
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......»»
CREC earmarks P35 billion capex for RE projects
Citicore Renewable Energy Corp. is allocating P35 billion for capital expenditures this year as it continues to bolster its renewable energy portfolio......»»
NFA defends sale of cheap rice; farmers slam ‘mafia’
The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»
EcoWaste Coalition Seeks Mayor Rama s Help to Halt Sale of Banned Cosmetics with Mercury
22 February 2024, Cebu City/Quezon City. An environmental health NGO sought the help of Cebu City Mayor Michael "Mike" Rama to stop the unlawful sale of contraband cosmetics containing high concentrations of mercury, a health-damaging chemical not allowed in cosmetic products."We respectfully request your good office to take the necessary action to stop the continuing sale in Cebu City of skin whi.....»»
Pagga-garage sale ni Michelle problema, kotse ni Rhian tambak sa garahe
HATAWANni Ed de Leon NAKATATAWA naman ang biruan nina Michelle Dee at Rhian Ramos. Sa biruan nila obvious na magkasama nga sila sa iisang bahay. Ang biro ni Rhian, kailangan daw mag-garage sale na si Michelle dahil ang dami na niyong gamit sa kanilang bahay. Ang sagot naman ni Michelle, paano siya makakapag-garage sale eh ang garahe nila ….....»»
Gusto ko rin magpabebe : Why Beauty Gonzalez doesn t want to have kids anymore
Kapuso actress Beauty Gonzalez revealed that she doesn't want to have a baby anymore. .....»»
US House votes for possible TikTok ban if Chinese owners don’t sell
WASHINGTON — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year, but don’t expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package,.....»»
BAP selling PDS stake ‘at right conditions’
The Bankers Association of the Philippines is keen on selling its stake in the Philippine Dealing System Holdings Corp. to the Philippine Stock Exchange Inc. at the right conditions......»»
Jollibee buys 10% stake in Botrista for $28-M
Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»
PAL denies that it has started the groundwork to sell a minority stake to strategic investor
Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»
AboitizPower hikes stake in STEAG
Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»
Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake
Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»
MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»