CLI approves issuance of P5 billion preferred shares
Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»
Quick takes from around the market
Alternergy board approved a plan to list its Series 1 and Series 2A preferred shares that are already issued and outstanding......»»
SEC approves Maynilad’s P15 billion ‘blue bond’ offering
The Securities and Exchange Commission (SEC) has given the green light to the P15 billion blue bond offering of West Zone concessionaire Maynilad Water Services Inc......»»
EDC’s P10 billion Asean green bonds get SEC greenlight
Energy Development Corp. has obtained the green light from the Securities and Exchange Commission to raise as much as P10 billion via the issuance of ASEAN green bonds......»»
SMC to raise P20 billion from bond issuance
Diversified conglomerate San Miguel Corp. intends to raise P20 billion from the offering of the remaining tranche of its bond program......»»
Maynilad nears maiden P15 billion blue bond issue
Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»
BDO raises record P63 billion from bond offer
BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»
Treasury raises P81 billion from T-bill sale in January
The government borrowed a total of P81 billion through the issuance of short-term securities this month, exceeding its target after it upsized offers at the onset of the new year......»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
BDO to raise P5 billion via sustainability bonds
BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»
Government raises P30 billion from T-bond sale
The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»
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......»»
Cebu Landmasters shareholders approve FOO plan
CLI’s application to conduct the FOO is still pending with the SEC......»»
Marcos Jr. approves military procurement ‘wish list’
Amid continuing maritime aggression by China, President Marcos has approved a $35-billion budget to modernize the Armed Forces of the Philippines with the Philippine Navy getting the largest chunk to strengthen capabilities in the West Philippine Sea......»»
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”......»»
RTB issue hikes borrowings to P420 billion in February
The government borrowed 22 percent more in February primarily due to the issuance of Retail Treasury Bonds aimed at financing state projects......»»
BDO funds 28 green projects from P52.7 billion bond proceeds
Around 28 green projects benefitted from the first ASEAN sustainability bond issuance of BDO Unibank Inc. in January 2022, bolstering the bank’s sustainability commitment......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»