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Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO
Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»
A lot of pens to sell
A lot of pens to sell.....»»
Ariel Villasanta tries to sell Mommy Elvie s urn to Boss Toyo — with freebies
Comedian Ariel Villasanta tried to sell his mother Elvi's urn to Boss Toyo. .....»»
Recto revives plan to sell NAIA assets
Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»
Jollibee plans to sell up to P8-B in preferred shares
Jollibee announced its plan to sell an additional 5 million to 8 million preferred shares at P1000/share, in a follow-on offering to raise between P5 billion and P8 billion......»»
MPTC to sell stake in Vietnam firm
Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»
‘Now is best time for PAL to sell’
This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts......»»
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’”......»»
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......»»
Remains of widower found in mountain area of Sibonga
CEBU CITY, Philippines – The remains of a 78-year-old man, Juan Palmero Ordanieza, were discovered in a mountainous area in Barangay Banlot, Sibonga, Cebu on Thursday afternoon, February 29, 2024. Juan reportedly lived alone in the mountainous area of the barangay, isolated from neighbors. According to Cereno, Juan was last seen by his relatives on.....»»
SC junks developer’s bid to recover lands from PCGG
The Supreme Court has denied a petition by property developer Ortigas & Co. Limited Partnership to recover two properties that it claimed it was forced to sell to the Marcoses......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
PSE approves listing of GSIS-owned Alternergy preferred shares
Alternergy disclosed that the PSE has approved its application to list the 100 million preferred shares that it sold to the Government Service Insurance System at a price of P14.50/share......»»
GSIS income surges to P113 billion in 2023
The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»
GSIS non-life insurance premiums hit record high P9.8 billion in 2023
State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»
GSIS earmarks P44 million for emergency loans
State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»
SSS pushed P300 million into REITs in Q4
Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»
PCG eyes transfer to Bilibid
The Philippine Coast Guard is looking into the possibility of transferring its headquarters from Port Area, Manila to the New Bilibid Prison reservation in Muntinlupa City, a PCG official said yesterday......»»
Delays expected after crash on State Highway 1 near Ruakaka
The single vehicle crash, reported to Police at around 4.28pm, has closed the SH1 roundabout to Port Marsden Highway and Sandford Road.Thankfully, no one has been seriously injured in the crash.Diversions are being put in place and motorists are advised to expect delays, and to avoid the area if possible.ENDS Source: New Zealand Police.....»»