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How does LTG derive income from PNB when PNB hasn’t declared dividends?
I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»
PNB asset sale seen to yield P5.4 billion
Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»
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......»»
Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings
Human rights group Karapatan urged the governments of Germany and the Czech Republic to raise concerns on the “dire lack of accountability and the continuing killings in the Philippines” as Ferdinand Marcos Jr. is on a state visit in the said countries. The post Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings appeared first on Bulatlat......»»
Mandaue RTC orders issuance of bench warrant against Sitoy-Cho
LAPU-LAPU CITY, Cebu — The Mandaue City Regional Trial Court (RTC) Branch 55 has ordered the issuance of a bench warrant against former Cordova Mayor Therese Sitoy-Cho. This decision came after the former mayor failed to appear at her arraignment on Tuesday, April 23, 2024, regarding her election case for violating Section 261(h) of the.....»»
San Miguel board approves P20-B bond issuance
San Miguel disclosed that its board of directors has approved a P20 billion issuance of fixed-rate Peso-denominated bonds......»»
DOJ orders probe into alleged issuance of work visas to fake companies
Justice Secretary Jesus Crispin Remulla on Tuesday said that he asked the Bureau of Immigration to investigate its legal department following its issuance of work visas to alleged "fake" corporations and sole proprietorships......»»
Century Properties eyes P4 billion from pref shares issue
Century Properties Group Inc. has set the preliminary terms for its planned preferred shares issuance, in which the company intends to raise as much as P4 billion......»»
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......»»
EDC’s P10 billion Asean green bonds get SEC greenlight
Energy Development Corp. has obtained the green light from the Securities and Exchange Commission to raise as much as P10 billion via the issuance of ASEAN green bonds......»»
CLI approves issuance of P5 billion preferred shares
Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»
BDO to raise P5 billion via sustainability bonds
BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»
Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
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......»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
Choco Mucho joins PVL sister team Creamline as Allianz PNB Life ambassadors
Don’t be surprised if sister teams Creamline and Choco Mucho end up battling in a dream finals encore in the Premier Volleyball League, which ushers in its All-Filipino Conference on February 20 in Smart Araneta Coliseum......»»
Rights group, church raise alarm on civilians killings in Negros Island
Rights group, church raise alarm on civilians killings in Negros Island.....»»
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......»»
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......»»
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......»»