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Globe now considering dual listing for GCash in 2025
Globe [GLO 2006.00 ?0.8%; 111% avgVol] [link] CEO Ernest Cu said that the company might list GCash “sometime in 2025”......»»
The Fed s meeting notes: Lack of further progress on inflation
The US Federal Reserve (the Fed) [link] released the minutes of the meetings held by the Federal Open Markets Committee (FOMC), the body charged with making the decision on interest rates, and a reading of the minutes revealed concern by officials that “recent monthly data had showed significant increases in components of both goods and services price inflation”, and that “in recent months there had been a lack of further progress toward the Committee’s 2 percent objective.”.....»»
Drug probe resource persons cited for lying
A Senate panel cited in contempt two of its resource persons for not telling the truth in the so-called Philippine Drug Enforcement Agency document leaks that allegedly link President Marcos and a veteran actress to illegal drugs......»»
AGI still keen on Skytrain monorail project
Alliance Global Group Inc., the holding company of tycoon Andrew Tan, remains keen on pushing through with its Skytrain monorail project that will link Fort Bonifacio to the MRT Guadalupe Station even after almost seven years since the unsolicited proposal was submitted to the government......»»
PNX, C, and INFRA suspended for reporting failures
The PSE issued suspensions to three companies [link] prior to the open of trade on Friday morning for failure to submit FY23 Annual Reports......»»
Zobels sell remaining MWC holdings to Razon for P14.5-B
Ayala Corp [AC 620.00 ?1.3%; 131% avgVol] [link] disclosed that its subsidiaries, Michigan Holdings and Philwater Holdings, would sell their combined holdings in Manila Water Company [MWC 26.60 ?1.5%; 123% avgVol] to Trident Water Company Holdings (TWC), which is owned by MWC’s current owner, Enrique Razon......»»
Several corps placed on suspension notice for reporting failures
The PSE [link] notified four high-profile companies that their shares would be suspended at 9 AM today if 2023 Annual Reports were not posted......»»
Vista Land board approves P5-B preferred shares offer
Vista Land [VLL 1.50 ?2.0%; 0% avgVol] [link] disclosed that its board has approved a P5 billion preferred shares offering, consisting of 50,000,000 Series 2 Preferred Shares priced at P100/share......»»
Alden posible nga bang ma-in love kina Andrea, Belle at Jane?
KAHIT sinong babae ang mapipili ng Asia’s Multimedia Star na si Alden Richards na maging girlfriend ay siguradong napakaswerte! Agree kami sa sinabi ng veteran showbiz columnist at talent manager na si Manay Lolit Solis patungkol sa future lovelife ni Alden na ini-link ngayon kay Kathryn Bernardo. Baka Bet Mo: Sharon tulad ni Alden ang.....»»
30-meter bridge linking Cordova, Lapu-Lapu breaks ground
LAPU-LAPU CITY, Cebu – A 30-meter prestressed concrete bridge that would link Cordova town to Lapu-Lapu City has broken ground on Friday, May 10, 2024. The project includes building a 30-meter prestressed concrete bridge linking the Pilipog-Gabi causeway to the proposed Babag-Basak-Subabasbas Bypass road. Additionally, a 150-meter bypass road will be constructed perpendicular to the.....»»
Robinsons Land Q1 profit: P4.1-B (+53%)
Robinsons Land [RLC 15.20 ?0.8%; 26% avgVol] [link] teased its Q1 results on Friday, revealing that its net income attributable for the quarter reached P4.07 billion, a 53% y/y increase.....»»
RCR’s Q1/24 div is an all-time high
RL Commercial REIT [RCR 5.08 ?1.4%; 71% avgVol] [link] declared a Q1/24 dividend of P0.099, payable on May 31 to shareholders of record as of May 17......»»
NLEX spending P9 billion for C5 link, road widening
North Luzon Expressway (NLEX) Corp. will spend nearly P9 billion for the construction of a direct access to C-5 Road and the expansion of a certain portion of its tollway......»»
DMCI Holdings acquires Cemex PH parent company for $305.6-M
DMCI Holdings [DMC 10.86 ?0.7%; 52% avgVol] [link] and Semirara Mining and Power [SCC 32.50 ?0.8%; 22% avgVol] acquired Cemex Asian South East Corp (CASEC), the parent company of Cemex Philippines [CHP 1.36 ?28.4%; 267% avgVol], in a deal worth $305.6 million (~P17.6 billion)......»»
OceanaGold PH addresses legal concern ahead of IPO offer period
OceanaGold PH [OGP 13.33 pre-IPO] [link] was forced to make an unusual clarification last week after news dropped that the Legal Rights and Natural Resources Center (LRC) filed a petition to cancel OGP’s Financial or Technical Assistance Agreement (FTAA), under the theory that the renewal of OGP’s FTAA unfairly excluded local stakeholders and communities from the consultation process......»»
Chavit Singson hiyang-hiya kina Pia Wurtzbach at Catriona Gray, anyare!?
PAREHONG na-link sina Pia Wurtzbach at Catriona Gray kay dating Ilocos Sur Governor Luis “Chavit” Singson matapos silang koronahang Miss Universe. Kaya naman isa yan sa mga chikang naitanong ng mga opisyal at miyembro ng Society of Philippine Entertainment Editors (SPEEd) kay Manong Chavit nitong nagdaang Sabado, April 20. Nakachikahan namin at ng iba pang.....»»
Vivant FY23 profit: P2.3-B (up 43%)
Vivant Corporation [VVT 14.32 unch; 0% avgVol] [link] teased an FY23 net income of P2.3 billion, up 43%, boosted by the recognition of P366 million in a one-time, non-core “management and technical contract”......»»
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......»»
CLLEx right-of-way row resolved; project to resume Q2 — Zambales guv
The Central Luzon Link Expressway, which has faced long delays due to right-of-way claims, got a new lease in life after a dialogue between project officials and landowners affected by the project resolved problems besetting the government project......»»
Jihadists
For his own purposes, Vladimir Putin has been trying to link the deadly terrorist attack on a concert hall in Moscow to Ukraine. The casualty figure for that attack has now risen t.....»»