How PSEi member stocks performed — February 17, 2021
Here’s a quick glance at how PSEi stocks fared on Wednesday, February 17, 2021.
Jollibee-Yoshinoya joint venture targets to open 50 stores in the Philippines
JOLLIBEE Foods Corp. has teamed up with Yoshinoya International Philippines, Inc. to operate and expand the Japanese restaurant chain in the country.
Travel ban pushes back target commercial run of Dinginin power plant — AboitizPower chief
THE target commercial operations of the 1,336-megawatt (MW) supercritical coal-fired power plant of GNPower Dinginin Ltd. Co. have been pushed back due to construction delays caused by travel restrictions, the top official of Aboitiz Power Corp. said.
Ayala unit sells Manila Water shares to Razon
A SUBSIDIARY of Ayala Corp. has agreed to sell its preferred shares in Manila Water Co., Inc. to Trident Water Co. Holdings, Inc. as control over the water concessionaire continues to shift.
First Gen gas plant goes online for recommissioning
FIRST GEN Corp. announced Tuesday that one of its natural gas-fired plants in Batangas had gone online on Monday, as part of its recommissioning activities, after the repair of a generator had been completed.
SEC revokes Chiyuto’s registration for unlicensed investment scheme
THE Securities and Exchange Commission (SEC) nullified the certificate of incorporation of Chiyuto Creative Wealth Documentation Facilitation Services for its unlicensed investment scheme.
Central Azucarera incurs P70.6-M net loss
LISTED sugar miller Central Azucarera de Tarlac, Inc. reported a P70.56-million net loss for the second quarter of its fiscal year that ends on June 30 despite higher revenues recorded during the period.
SMC ‘cashless’ tollways ready to implement 3-strike policy
SAN Miguel Corp. (SMC) on Tuesday said it is ready to comply with the planned implementation of a “three-strike” policy for erring motorists who use cashless lanes.
Nutrition provider ADM moves to help mitigate spread of ASF
HUMAN AND animal nutrition provider ADM Philippines has partnered with the Philippine College of Swine Practitioners (PCSP) and other members of the private and public sectors in a program that will help local hog raisers address African Swine Fever (ASF) in Mindanao.
How PSEi member stocks performed — February 16, 2021
Here’s a quick glance at how PSEi stocks fared on Tuesday, February 16, 2021.
Ayala unit secures funding for Australia solar farm
THE Ayala group and its Australian partner have secured AU$619 million, or around P23.1 billion, in bank financing for a 400-megawatt (MW) solar farm project in New South Wales.
Jollibee records 34.5% profit slide to P2 billion
JOLLIBEE Foods Corp. posted P2.05 billion in attributable net income in the fourth quarter of 2020, down 34.5% from a year earlier, but turning around from the losses incurred in the previous three quarters.