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BAP selling PDS stake ‘at right conditions’

The Bankers Association of the Philippines is keen on selling its stake in the Philippine Dealing System Holdings Corp. to the Philippine Stock Exchange Inc. at the right conditions......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis

Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

PAL denies that it has started the groundwork to sell a minority stake to strategic investor

Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

PAL revives stake sale to investors

Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

AboitizPower hikes stake in STEAG

Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake

Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

REDC anchor investor buys secondary share stake

This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

MGreen hikes stake in SPNEC

MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Ayala Corp. is interested in selling LRT-1 stake to Villar Group

Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp.  to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Manila to host squash SEA Cup

The eighth SEA Cup Squash Championships will be held at the National Squash Center, Rizal Memorial Sports Complex, in June with 11 gold medals at stake in men’s singles, women’s singles, mixed team, men’s jumbo doubles, women’s jumbo doubles, mixed jumbo doubles, U23 jumbo doubles, U23 international doubles, men’s international doubles, women’s international doubles and mixed international doubles......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

Central Luzon tour guides receive free insurance coverage

Up to 51 tour guides in Central Luzon received free insurance coverage and tour guide kits during the 51st founding anniversary of the Department of Tourism......»»

Category: newsSource:  philstarRelated News10 hr. 6 min. ago

Filipino Tekken standout falls in World Tour Finals

Filipino Tekken star Alexandre "AK" Laverez stumbled in his last hurdle to the Tekken World Tour Finals 2023, falling to the United States' Joe "JoeCrush" Olveda, 1-3, at The Civic Theatre in New Orleans last January 12 (January 13 in Manila) during the tour's Last Chance Qualifiers......»»

Category: sportsSource:  philstarRelated NewsJan 14th, 2024

30 PGT spots at stake for top Filipino amateur, pro golfers

Aiming for a triumphant leap from the amateur to the professional ranks, former Junior World champion Aidric Chan trekked from Cagayan de Oro to Davao to compete in the Philippine Golf Tour Qualifying School unfolding Tuesday, March 5, at the South Pacific Golf and Leisure Estates......»»

Category: sportsSource:  philstarRelated NewsMar 4th, 2024

PGT cards at stake

International contenders will square off with local hopefuls, all vying for Philippine Golf Tour cards in the Qualifying School slated March 5-8 at the South Pacific Golf and Leisure Estates in Davao City......»»

Category: sportsSource:  philstarRelated NewsFeb 27th, 2024

Sinulog Cup top honcho thanks Cesafi schools for staying

CEBU CITY, Philippines– Sinulog Cup 2024 commissioner Atty. Jave Mike Aton thanked the 8 Cesafi member schools for sticking it out with the tournament despite an earlier warning from the league’s top official.  As such, the Sinulog Cup will see the eight Cebu Schools Athletic Foundation, Inc. (CESAFI) member schools in its tournament slated from.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

Nearly one million tickets sold for upcoming AFC Asian Cup in Qatar

DOHA, Jan. 10 (Xinhua) -- Nearly one million tickets have been sold so far for the 2023 AFC Asian Cup which will kick off on Friday in Doha, Qatar, the Local Organizing Committee (LOC) revealed on Wednesday. "Qatar is ready to welcome the best teams from Asia to what we hope will be the best ever edition of the AFC Asian Cup. Our stadiums and sporting infrastructure are set to deliver a memorable tournament to p.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

A substantial boost for cancer care

The Philippine Health Insurance Corp. has announced the perfect gift for women when it increased the “Z-benefit” package for breast cancer from P100,000 to P1.4 million.   .....»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Battle for crown jewel

It’s known as the PBA’s most prestigious championship and what makes this conference even more significant is the Philippine Cup stands as the last battleground of the season with the Governors’ Cup taking a break to leave the just-concluded Commissioner’s Cup the only other theater of basketball hostilities......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024