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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 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

Phoenix lacks the retained earnings to pay PNX4 and PNX3B divs

The PSE sought an update from Dennis Uy’s Phoenix Petroleum on the non-payment of dividends to shareholders of its PNX4 preferred shares and PNX3B preferred shares......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 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

Century Properties eyes P4 billion from pref shares issue

Century Properties Group Inc. has set the preliminary terms for its planned preferred shares issuance, in which the company intends to raise as much as P4 billion......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Bacolod releases P11M garbage fee shares to Bata, Villamonte

Bacolod releases P11M garbage fee shares to Bata, Villamonte.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 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

Shares of Trump-linked companies rise- Bloomberg

The former president secured a record margin of victory in Iowa's Republican caucus on Monday Shares in companies linked to former US President Donald Trump surged after his first victory in the campaign to reclaim the White House, Bloomberg reported on Tuesday. On Monday, Trump decisively beat his chief rivals.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Ayala Corp. impacted by Mitsubishi’s discount stake sale

Ayala Corp shares were down as much as 5.7% yesterday on news that Mitsubishi Corp. has started a process to sell 8.6 million AC common shares at a 7% to 9% discount to Wednesday’s P696/share close......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

CLI approves issuance of P5 billion preferred shares

Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Cebu Landmasters board approves P5-B preferred shares offering

Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Clutch Apura delivers as MVPSF storms back vs Ginebra Boys in Japa Cup opener

Allan Apura scored the go-ahead triple in the final 13.4 seconds and then added a free throw with sixth-tenths of a second to lift MVP Sports Foundation to a come-from-behind 60-58 overtime win over the Ginebra Boys at the start of PBAPC Raffy Japa Cup presented by Burlington Sunday at the Ninoy Aquino Stadium......»»

Category: sportsSource:  philstarRelated NewsMay 5th, 2024

Group bats for lease-free broadband connectivity for digital economy growth

A digital advocacy network said that the Philippines should lift the lease payments for the setup of internet connection, emphasizing that it will have a positive impact on Filipino web users......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

Manila in come-from-behind win

Fil-Am DJ Mitchell drilled in a deep corner triple while Carl Bryan Cruz canned two charities in the last 39 seconds to lift Manila past debuting Caloocan, 69-66, last Tuesday in the MPBL (Maharlika Pilipinas Basketball League) Sixth Season at the San Andres Sports Complex......»»

Category: sportsSource:  philstarRelated NewsApr 25th, 2024

MPBL: Manila nips Caloocan as Davao, Quezon book wins

Filipino-American DJ Mitchell drilled in a deep corner triple while Carl Bryan Cruz canned two charities in the last 39 seconds to lift Manila past debuting Caloocan, 69-66, in the 6th MPBL (Maharlika Pilipinas Basketball League) Season......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Government urged to lift ecozone ban in Metro Manila

The government may consider lifting the moratorium on the establishment of economic zones based in Metro Manila in order to spur more economic activity and growth for the entire country, a local official said......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Belga drops 28 points to lift Painters past Batang Pier

Another day, another stellar game from Beau Belga......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

PT& T readies return to stock market

Connectivity provider Philippine Telegraph and Telephone (PT&T) Corp. is securing regulatory approval to lift its two-decade suspension and finally resume trading at the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

No extension: Tax filings to lift BIR collections to P406 billion in April

The Bureau of Internal Revenue is expecting to collect more than P400 billion this month, largely driven by the annual income tax return filing which will not be extended beyond April 15......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Glorious lift in Phuket for Sarno

Vanessa Sarno will have a chance to prove her worth as the new heiress to Hidilyn Diaz as she virtually booked a spot to the Paris Olympics this July......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024