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CREIT, MREIT, FILRT all declare Q1 dividends

Citicore Energy REIT and MREIT declared their Q1 dividends on Monday, while Filinvest REIT declared its Q1 dividend on Friday......»»

Category: financeSource: philstar philstarMay 14th, 2024

MREIT income climbs in 2023

MREIT Inc., the real estate investment trust company of Andrew Tan-led Megaworld Corp., reported a 13 percent expansion in distributable income to P2.8 billion last year......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

CREIT, MREIT, FILRT all declare Q1 dividends

Citicore Energy REIT and MREIT declared their Q1 dividends on Monday, while Filinvest REIT declared its Q1 dividend on Friday......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

SM Investments buys 28.79% stake in CREIT for P5-B

SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

FILRT’s FY23 performance is down across all major metrics

Filinvest REIT put out a press release to accompany the dividend that it declared on Monday, and I found a few things interesting when I compared this PR to the one they released last year around the same time......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2024

GOCC dividends surge to P88.6B - The Manila Times

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

DOF expects dividends from GOCCs to hit P100 billion

The Department of Finance is targeting to collect P100 billion in dividends from government-owned or -controlled corporations by the end of the year, according to its top official......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Dominion Holdings earns P277.3M, sets P1.50 in cash dividends

Dominion Holdings earns P277.3M, sets P1.50 in cash dividends.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest

Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

PAGASA may declare dry season early

The Philippine Atmospheric, Geophysical and Astronomical Services Administration may declare the dry season early, amid the expected termination of the northeast monsoon......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

WORST-HIT | Cauayan mulling to declare ‘state of calamity’ due to dry spell

WORST-HIT | Cauayan mulling to declare ‘state of calamity’ due to dry spell.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

CREIT income rises to P1.4 billion in 2023

Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

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”......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

Transition to clean energy is crucial

The actual start of summer in the United States is still a month away but people are already beginning to feel the heat. Many countries across the globe, particularly in Asia, are also experiencing scorching temperatures at above 40 degrees Centigrade (104 degrees Fahrenheit), prompting climatologist and weather historian Maximilliano Herrera to declare that “thousands of records are being brutalized all over Asia, which is by far the most extreme event in world climatic history.”.....»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

PCSO sees higher earnings if illegal gambling curbed

The Philippine Charity Sweepstakes Office (PCSO) could have remitted higher dividends to the government had the authorities been successful in neutralizing illegal gambling operations in the country. .....»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

GOCCs’ dividend remittance bumped up to 75 percent of earnings

The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

BCDA remits P1.1 billion to government

The Bases Conversion and Development Authority has remitted P1.1 billion in dividends to the national government to support efforts to drive economic growth......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

Chinabank declares P5.9 billion cash dividends

Sy-led China Banking Corp. will reward its shareholders with a record P5.9 billion in dividend payments, 16 percent higher compared to last year, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024