Topline lowers final IPO price, eyes up to P732.62-M proceeds
CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) has set its initial public offering (IPO) price at 31 centavos per share, targeting proceeds...
PetroGreen unit’s solar project targets 33,000 homes in Isabela
YUCHENGCO-LED BKS Green Energy Corp. has started constructing the 40-megawatt direct current (MWdc) Limbauan Solar Power Project in San Pablo, Isabela, expected to supply...
Sotheby’s International Realty enters PHL market
NEW YORK-BASED real estate brokerage Sotheby’s International Realty has entered the Philippines, citing rising demand for luxury properties and the country’s potential as a...
Primex signs management deal with Dusit for San Juan hotel
LISTED developer Primex Corp. said its subsidiary Primex Realty Corp. has signed a hotel management agreement with Thai hospitality group Dusit International for a...
A Brown expanding power portfolio with new subsidiary
LISTED holding company A Brown Co., Inc. (ABCI) has obtained regulatory approval to establish a new subsidiary under its energy investment arm ABC Energy,...
ACEN infuses P660M into BCHC to secure land for future projects
ACEN CORP., the listed energy platform of the Ayala Group, plans to increase its investment in subsidiary Buendia Christiana Holdings Corp. (BCHC) by subscribing...
PXP raises stake in Forum Energy to 97.88%
PANGILINAN-LED upstream oil and gas firm PXP Energy Corp. has increased its stake in subsidiary Forum Energy Ltd. through a share swap with Hong...
SEC says GCash proposal to relax MPO rule ‘possible’
THE Securities and Exchange Commission (SEC) said it is possible to lower the 20% minimum public ownership (MPO) requirement for public listings to accommodate...
How PSEi member stocks performed — March 18, 2025
Here’s a quick glance at how PSEi stocks fared on Tuesday, March 18, 2025.
Actis invests $600M for 40% stake in MTerra Solar
MGEN Renewable Energy, Inc. (MGreen), through its subsidiary SP New Energy Corp. (SPNEC), said global investment firm Actis Rubyred (Singapore) Pte. Ltd. has completed...
SMC leads power generation with 22.44% market share — ERC
THE ENERGY Regulatory Commission (ERC) said San Miguel Corp. (SMC) dominated the power generation sector with a 22.44% market share of the national grid...
Telcos to see modest growth, sustain strong credit profile, says CreditSights
PHILIPPINE telecommunications (telco) companies are expected to see modest growth this year while maintaining a strong credit profile, driven by continued data and broadband...