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Belle Corp sets PLC tender offer price at P0.85/share
Belle Corp and Premium Leisure Corp were both voluntarily suspended for the day yesterday after BEL disclosed details of its proposed tender offer to acquire PLC’s public float and eventually delist PLC from the exchange......»»
Belle to start P5.3 billion tender for PLC shares
Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»
Premium Leisure Corp to be voluntarily delisted
The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»
The week ahead
The only scheduled thing on our calendar is the end of the PLC tender offer, which is on Wednesday. Other than that, it’s a lot of ASMs and briefings, so we’ll probably get some fun bits of forward-looking speculation......»»
Boulevard Holdings sells 1.5-B shares to ownership group
Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»
SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares
The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»
BuCor to layoff 275 workers as grace period for requirements lapses
Over 275 personnel of the Bureau of Corrections are set to be laid off after the bureau announced it will now be enforcing a years-long deferred program upgrading the educational requirements of its workers......»»
BIR delays 1 percent withholding tax on online sellers
The Bureau of Internal Revenue has deferred the imposition of the one percent withholding tax on online platform providers to mid-July instead of mid-April to allow adjustments among taxpayers......»»
‘Abused’ wife blocks CA promotion of AFP general
The ad interim appointment of Brig. Gen. Ranulfo Sevilla was deferred yesterday after his wife accused him of domestic abuse, according to the Commission on Appointments......»»
Vista Land board approves P5-B preferred shares offer
Vista Land [VLL 1.50 ?2.0%; 0% avgVol] [link] disclosed that its board has approved a P5 billion preferred shares offering, consisting of 50,000,000 Series 2 Preferred Shares priced at P100/share......»»
SEC clears CLI’s preferred shares offer
The Securities and Exchange Commission (SEC) has cleared the planned public offering of up to P5 billion worth of preferred shares by Cebu Landmasters Inc. (CLI)......»»
Oil prices headed for weekly gains as Israel rejects ceasefire offer
(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»
Quiambao already ‘too good’ for college hoops amid naturalization offer
La Salle star Kevin Quiambao stands out even in a stacked squad filled with NBA veterans like Dwight Howard, prompting a Middle Eastern team to make an offer.....»»
Converge, Naver to offer more cloud solutions in Philippine market
Converge, Naver to offer more cloud solutions in Philippine market.....»»
CDC, Landbank offer online payment option for Clark firms
CDC, Landbank offer online payment option for Clark firms.....»»
SMC eyes P20 billion fixed bond offer
Diversified conglomerate San Miguel Corp. targets to offer in June fixed-rate bonds in a bid to raise P20 billion......»»
Police to offer free rides in case of transport strike next week
CEBU CITY, Philippines – In the event of a transport strike next week, the different police units in Central Visayas will deploy some of their vehicles to offer free rides to the public. Police Lieutenant Colonel Gerard Ace Pelare, spokesperson of the Police Regional Office Central Visayas (PRO-7), however warned that they will only be.....»»
3rd telco to offer free WiFi at NAIA
A third telecommunications company will offer free WiFi at all the terminals at Ninoy Aquino International Airport to boost the connectivity of the passengers, Manila International Airport Authority spokesman Chris Bendijo said yesterday......»»
Davao Metro Shuttle declines offer to manage bus system
DAVAO CITY (MindaNews / 24 March) — The Davao Metro Shuttle Corporation has declined the offer of the City Government of Davao to operate the Davao City Public Transport Modernization Project (DCPTMP), a public mass transportation project that will replace the jeepneys with buses, an executive of the bus company said. In an interview at […].....»»
Rendon: Dahil ang t*t*nga pa rin ng applicant itataas na natin ang offer
MULA sa P25,000, itinaas na ng social media personality na si Rendon Labador ang offer niyang sahod para sa hinahanap niyang EA o executive assistant. Tila na-bad trip nga si Rendon dahil wala pa rin daw applicant na nakakapasa sa kaisa-isang requirement na hinahanap niya sa isang empleyado. Sa isang post ng negosyante at.....»»