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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......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

REDC anchor investor buys secondary share stake

This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

MGreen hikes stake in SPNEC

MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Ayala Corp. is interested in selling LRT-1 stake to Villar Group

Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp.  to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Confident Gilas eyes strong start vs Hong Kong

A “different” Gilas Pilipinas team will try to kick off the FIBA Asia Cup 2025 qualifiers with a win as they face Duncan Reid and Hong Kong on Thursday night at the Tsuen Wan Stadium in Hong Kong......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Reid still leads Hong Kong

A familiar face to Filipino fans will lead Hong Kong against Gilas in the FIBA Asia Cup qualifying first window at the Tsuen Wan Sports Centre, New Territories tonight. Duncan Reid, who played in 23 games with Bay Area in the PBA Commissioner’s Cup last season, has been a Hong Kong fixture since 2013 and remains the national team’s icon......»»

Category: sportsSource:  philstarRelated NewsFeb 21st, 2024

Gilas sans JMF vs Hong Kong

Gilas will play an 11-man lineup against Hong Kong in the FIBA Asia Cup qualifying window at the Tsuen Wan Sports Centre on Thursday with June Mar Fajardo sitting out to recover from a partial tear in his left calf......»»

Category: sportsSource:  philstarRelated NewsFeb 18th, 2024

Quiban moves to joint 5th after solid 68

Justin Quiban gained in ranking with a solid three-under 68 at Lake View course but dropped a stroke farther back off Korean Jeunghun Wan......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Rights group, church raise alarm on civilians killings in Negros Island

Rights group, church raise alarm on civilians killings in Negros Island.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Fisherfolk raise alarm over demolition of Navotas City fishing structures

“Affected fisherfolk and other residents ‘highly believe’ that the dismantling order is part of the 650-hectare reclamation project in the area.” The post Fisherfolk raise alarm over demolition of Navotas City fishing structures appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 27th, 2024

DOH, SPMC raise colorectal cancer awareness

THE Department of Health (DOH) and the Southern Philippines Medical Center (SPMC) collaborated to raise awareness about colorectal cancer causes and symptoms during the Kapihan sa Dabaw at SM Ecoland on Monday morning, March 25, 2024......»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

DFNN plans to raise P450-M through private placements

DFNN said that its board has approved a plan to raise P450 million through private placements......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

SM Prime expects to raise P25 billion from bond issue

Sy-led integrated property developer SM Prime Holdings Inc. is gearing up to raise as much as P25 billion from a proposed bond offering to fuel its expansion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

K-pop fandoms join hands to raise funds for Girls Can campaign

Globe, through its KmmunityPH online K-culture community, recently partnered up with several K-pop girl group fandoms to raise funds for World Vision’s "Girls Can" campaign......»»

Category: entertainmentSource:  philstarRelated NewsJan 12th, 2024

AGI allots P75 billion for 2024 capex

Alliance Global Group Inc. , the holding company of tycoon Andrew Tan, has set aside P75 billion for capital spending this year to support the continuous growth and expansion of its businesses......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Phinma allots P4.5 billion for 2024 capex

The Phinma Group has earmarked P4.48 billion for capital expenditures this year to sustain the company’s growth momentum......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024