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AREIT acquires Seda LIO
AREIT acquires Seda LIO.....»»
4 Filipinos among crew members of container ship seized by Iranian authorities
4 Filipinos among crew members of container ship seized by Iranian authorities.....»»
ICT FY23 net income down 17% to US $511-M
International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»
GSIS acquires more shares in RCR
State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»
ICTSI on expansion mode; raises capex to $450 million
International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»
Mega Prime acquires Jimm’s Coffee Mix
Canned sardines maker Mega Prime Foods Inc. is adding coffee in its product portfolio with the acquisition of select assets of Goldshine Pharmaceuticals Inc., the company behind Jimm’s Coffee Mix products......»»
Stonebridge acquires P500 million shares in RCI
Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. for P500 million......»»
UP acquires Gilas Youth standout Jacob Bayla
The University of the Philippines Fighting Maroons shored up their frontline after securing the commitment of former Gilas Pilipinas youth standout Jacob Bayla......»»
Leviste acquires 8.5% stake of ABS-CBN
Entrepreneur Leandro Leviste, founder of renewable energy firm Solar Philippines, purchased P76.5 million worth of shares of ABS-CBN Corp. or 8.5% of the network......»»
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)......»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»
Balai acquires Sugarhouse
Listed bakery operator Balai ni Fruitas Inc. is beefing up its portfolio with the addition of the 40-year-old legacy brand Sugarhouse......»»
Balai Ni Fruitas acquires Sugarhouse
Balai Ni Fruitas, a subsidiary of the Lester Yu-controlled Fruitas, disclosed that it will acquire the bakeshop Sugarhouse in a deal that is scheduled to close by the end of the month......»»
Rain or Shine receives 1st-round picks as PBA approves Nambatac trade
Rain or Shine lets go of Rey Nambatac as it acquires a pair of first-round picks from Blackwater.....»»
Choco Mucho acquires Tubino
Choco Mucho plucked veteran Royse Tubino recently, hoping that the former Army standout would be the last piece of the championship puzzle the franchise has long sought for in the Premier Volleyball League......»»
PNP acquires P485 million guns, mobility assets
The Philippine National Police has procured firearms and mobility equipment amounting to P485 million......»»
ICTSI to build $800 million terminal in Batangas
International Container Terminal Services Inc., the listed ports giant led by tycoon Enrique Razon, has no desire of slowing down its domestic expansion, as it will invest $800 million to build a container terminal in Batangas......»»
DFA: Filipino seafarers held by Iran to be released soon
Iranian authorities seized the Portuguese-flagged MSC Aries on Saturday morning near the Strait of Hormuz, saying the container ship is related to Israel. .....»»
4 Pinoys among crew of ship seized by Iran
Four Filipino seafarers are among those on board the container ship MSC Aries seized by Iranian forces on Saturday, the Department of Migrant Workers (DMW) has confirmed......»»
Philippines says 4 Filipino sailors aboard ship seized by Iranian forces
MANILA, April 14 (Xinhua) -- The Philippines on Sunday said four Filipino sailors were among the crew of a container ship seized by Iranian forces in the Persian Gulf on Saturday. In a statement, the Philippines' Department of Migrant Workers confirmed the seizure of the vessel MSC Aries "with four Filipino seafarers on board," adding that it has contacted the families of the four sailors. The Philippine.....»»