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Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Alternergy reallocates IPO proceeds to Tanay and Alabat projects
Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»
OceanaGold PH IPO approved by SEC
OceanaGold received SEC approval for its proposed P7.88 billion IPO......»»
SEC makes registration easier for power companies that are forced to IPO by law
The SEC issued a notice that simplifies the registration process for power generation companies and distribution utilities that are forced to IPO at least 15% of their shares under the EPIRA law......»»
Davao residents unsure about city’s near future
DAVAO CITY (MindaNews / 23 February) – Majority of Dabawenyos are uncertain about the city’s future in the next five years, according to a study conducted by the University of Mindanao-Institute of Popular Opinion (UM-IPO). Dr. John Vianne Murcia, director of UM-IPO, said during Kapihan sa Philippine Information Agency-Davao on Friday that only 46.7 percent […].....»»
Davao City barangays need to improve disaster response
DAVAO CITY (MindaNews / 21 February)—Dabawenyos believe that barangays in this city should improve on disaster response efforts to deal with calamities more effectively, according to a survey conducted by the University of Mindanao’s Institute of Popular Opinion (UM-IPO). During “Wednesdays Media Forum at Habi at Kape,” Dr. John Vianne Murcia, UM-IPO director, said that […].....»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
DoubleDragon secures HBNB ticker symbol for Hotel101’s Nasdaq IPO
DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, said last week that it will use the ticker “HBNB” for the Nasdaq IPO of its subsidiary, Hotel101 Global Pte Ltd......»»
The PSE’s first IPO might be delayed until next quarter
A report from Iris Gonzales of The Philippine Star said that the Citicore Renewable Energy Corp. IPO might be moved from late March to sometime in Q2 to be more “in line with the expected lowering of interest rates” and to give CREC more time to “complete some remaining regulatory requirements”......»»
CREC likely to move IPO to Q2
The planned initial public offering of Citicore Renewable Energy Corp., potentially the first IPO of 2024, may be moved to the second quarter of the year in line with the expected lowering of interest rates by then......»»
OceanaGold Philippines files for P7.9-B IPO
OceanaGold Corp. a Canadian gold mining company [link], has filed an application to the SEC to conduct an IPO for its Philippines-based subsidiary, OceanaGold Philippines......»»
OceanaGold files for Philippine unit’s IPO
Australian-Canadian firm OceanaGold Corp. has filed for an initial public offering (IPO) of up to P7.9 billion for its Philippine subsidiary in compliance with the conditions of its renewed mining contract......»»
Balai Ni Fruitas response to write-up on the reallocation of IPO proceeds
On Tuesday, I wrote about Balai Ni Fruitas and the BALAI board’s reallocation of IPO proceeds to commissary construction, away from store network expansion......»»
Balai Ni Fruitas reallocates P50-M in IPO proceeds to complete commissary build
Balai Ni Fruitas said that its board approved a reallocation of its IPO proceeds, from “Store network expansion and store improvement”, to “Commissary set up”......»»
GCash preparing for IPO in the last half of 2024
Oscar Reyes Jr., the CEO of GCash operator G-Xchange [link], said that they’re “preparing internally so that we can be ready this year” for an IPO, but clarified that “it is a question of the market, not of GCash, as the market has yet to rebound fully.”.....»»
CCLEX offers motorists assistance, free towing services on Holy Week
To ensure safe and convenient travel experiences, the Cebu Cordova Link Expressway Corporation (CCLEC) is offering motorist assistance and free towing services to users of its expressway this Holy Week. CCLEC, along with the other toll road networks of Metro Pacific Tollways Corporation (MPTC), is implementing anew its Safe Trip Mo, Sagot Ko (SMSK) motorist.....»»
CVIRAA 2025 venue will be Bayawan City
CEBU CITY, Philippines — The venue for the 2025 Central Visayas Regional Athletics Association (CVIRAA) Meet will be Bayawan City, Negros Oriental. Dr. Adolf Aguilar, assistant superintendent of the Department of Education (DepEd) said that the Regional Development Council (RDC) has supported Bayawan City’s bid to host the 2025 CVIRAA Meet. He added that they.....»»
Rama reconsiders, unites with councilors for 2025 midterm elections
CEBU CITY, Philippines – Despite previously expressing doubts about his confidence in some incumbent councilors due to their cooperation with his vision, City Mayor Michael Rama appears to have reconsidered his stance. He recently announced that these councilors would still be part of his alliance for the 2025 midterm elections. READ: Rama: 2025 election candidates.....»»
Colmenares says he has no plans to run for Senate in 2025 midterm polls
CEBU CITY, Philippines — Bayan Muna chairperson and human rights lawyer Neri Colmenares revealed that he will not be running for the Senate in the 2025 elections. In 2022, Colmenares ran for senate. However, he informed Cebu media on Tuesday, March 5, that running in the 2025 polls would be challenging. “Medyo mahirap tumakbo sa.....»»
Cebu Daily Newscast: Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, February 29. Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections Former Cebu City Mayor Tomas Osmeña announced his plans to run for Vice Mayor in the 2025 midterm elections.....»»