How PSEi member stocks performed — June 2, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, June 2, 2022.
PLDT group receives P39B on sale of 3,012 towers
THE PLDT group announced on Wednesday the first closing on its landmark sale and leaseback towers agreement involving 3,012 telecom towers, or more than half of the towers being monetized.
Converge doubles base speed to 100Mbps to address rise in internet consumption
LISTED fiber internet provider Converge ICT Solutions, Inc. announced on Wednesday that it is doubling its base plan for customers to 100 megabits per second (Mbps) from 50Mbps due to increased internet consumption among Filipino households.
Ayala unit acquires land for Batangas Technopark
AYALALAND Logistics Holdings Corp. (ALLHC) has acquired 55 hectares of land in Batangas’ Padre Garcia town for the site of its future industrial park in the province.
Century Pacific Food takes Ligo manufacturing plant in Zamboanga
CENTURY Pacific Food, Inc. (CNPF) said on Wednesday that it had acquired the Ligo manufacturing facility in Zamboanga to finalize its purchase of the Tung-owned canned sardine brand.
Robinsons Land approves up to P15-B bond issuance
ROBINSONS Land Corp. on Wednesday announced that its board of directors approved the offer and issuance of peso-denominated fixed rate bonds in the aggregate principal amount of up to P10 billion, with an oversubscription option of up to P5 billion.
DMCI Mining earnings up 14% on higher shipments
DMCI Mining Corp. recorded a 14% growth in core net income to P543 million in the first quarter of this year from P477 million in the same period last year, its parent firm said on Wednesday.
SN Aboitiz Power, Ifelco seek regulatory nod on power supply deal
SN ABOITIZ Power-Benguet, Inc. and an electric cooperative based in Ifugao province have jointly sought regulatory approval of their agreement for the supply of 7.5 megawatts (MW) of baseload power.
How PSEi member stocks performed — June 1, 2022
Here’s a quick glance at how PSEi stocks fared on Wednesday, June 1, 2022.
Meralco seeks ‘sound’ policies to cut power costs
MANILA Electric Co. (Meralco) has called on the incoming government leaders to lay down policies that will address the rising cost of electricity, and to diversify the country’s fuel sources to ensure energy security and affordability.
PSE clears P4.5-B North Star initial public offering
NORTH Star Meat Merchants, Inc. has secured approval from the stock exchange for its P4.5-billion initial public offering (IPO) of shares.
SEC revokes registration of pseudo-law enforcement firm
THE Securities and Exchange Commission (SEC) announced that it is issuing an order of revocation against New International Police Commission Philippine Command Association, Inc. (NIPCA).