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Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty

The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»

Category: financeSource: philstar philstarJan 10th, 2024

SEC, NTC move to block OctaFX websites

The Securities and Exchange Commission (SEC) has secured the endorsement of the National Telecommunications Commission (NTC) for the blocking of the websites and apps of OctaFX......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue

Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

SEC moves to help Philippines exit from FATF gray list

The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

SEC to share data with more government agencies

The Securities and Exchange Commission (SEC) is teaming up with more government agencies to boost efforts to combat money laundering and terrorism financing......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

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)......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

SEC issues cease and desist order vs bogus Ayala Group

SEC issues cease and desist order vs bogus Ayala Group.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

SEC advises investors: Watch for red flags before investing

SEC advises investors: Watch for red flags before investing.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

SEC makes registration easier for power companies that are forced to IPO by law

The SEC issued a notice that simplifies the registration process for power generation companies and distribution utilities that are forced to IPO at least 15% of their shares under the EPIRA law......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls

The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

A Brown Company has 2nd tranche of preferred shares sale approved by SEC

A Brown Company notified the exchange that the SEC approved its plan to sell a second tranche of preferred shares under its shelf registration......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

SEC moves to liberalize stockbrokers’ commissions

The Securities and Exchange Commission (SEC) is moving to liberalize retail stock market trading to prop up volume in the local bourse......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

SEC Statement on the Hack of Our X Account and the Subsequent False Bitcoin ETF Approval Announcement

Title: SEC Collaborates with Law Enforcement to Combat Threats Promptly In a bid to ensure investor protection and maintain market integrity, the U.S. Securities and.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 13th, 2024

PetroWind supplies power to Panay

PetroWind Energy Inc., a joint venture between Yuchengco-led PetroGreen Energy Corp., EEI Power Corp. and BCPG Public Co. Ltd. of Thailand, continues to ramp up its clean energy projects......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

RCBC Trust’s AUM hits P161 billion in February

The trust and investment management arm of Yuchengco-led Rizal Commercial Banking Corp. saw its assets under management hit more than P161 billion as of February, as the number of its institutional clients grew significantly......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

RCBC credit cards now made from recycled PVC

Yuchengco-led Rizal Commercial Banking Corp. has phased out single-use plastics and shifted to recycled polyvinyl chloride plastic in producing its credit cards as part of its efforts to lessen carbon emissions and promote sustainability......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Where have all the nurses gone?

I could write about the country’s female tycoons who have grown their fathers’ businesses to dizzying heights, including Tessie Sy-Coson, Helen Yuchengco-Dee, Robina Gokongwei and Josephine Gotianun-Yap; or I could write about the Dumaliang sisters who staunchly defend that piece of paradise known as Masungi Georeserve; or I could write about our Filipina athletes waving the flag around the globe......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

RCBC auto, housing loans hit P121 billion

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Alfonso Yuchengco’s legacy

Complacency, an old adage goes, is one of life’s biggest tragedies. As American rights leader Benjamin Mays said, success breeds complacency and complacency breeds failure......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Biden to Host Japan PM Kishida, Philippines President Marcos

WASHINGTON - President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing concerns about North Korea's nuclear program, provocative Chinese action in the South China Sea and differences over a Japanese company's plan to buy an iconic American steel company.White House press secretary Karine Jean-Pierre in a sta.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024