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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......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

PSE EASy platform now accepts online banking for payment of IPO subscriptions

The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 25th, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

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”......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

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”......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2024

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.”.....»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Eight Tips for Choosing a Domain Name for Your Small Business

Choosing a domain name for a small business requires careful consideration, as it is often the first thing people see about your business. The domain name of a business is often considered a piece of real estate on the internet, or your business home on the web. It is core to the digital presence of […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

SEC clears OceanaGold IPO

The Securities and Exchange Commission has approved the P7.88 billion initial public offering of OceanaGold (Philippines) Inc......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Sports and medical tourism eyed to sustain Davao-Manado-Davao flights 

DAVAO CITY (MindaNews / 11 January) — Sports and medical tourism is the “low-hanging fruit” that can sustain the possible revival of the air connectivity between Davao City and Manado in Indonesia, a business leader said. Arturo Milan, co-chair of the Regional Development Council, told “Wednesdays Media Forum at the Habi at Kape,” that tourism could potentially […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

SEC formally asks NTC to block Binance

In a letter to the NTC, SEC Chairperson Emilio Aquino says Binance 'poses a threat to the security of the funds of investing Filipinos'.....»»

Category: newsSource:  rapplerRelated NewsMar 25th, 2024