Trading of Ever-Gotesco shares halted amid quasi-reorganization
THE stock exchange on Tuesday called for a one-hour trading halt on Ever-Gotesco Resources and Holdings, Inc. shares after the mall builder moved to eliminate its accumulated retained earnings deficit to give it “a fresh start” in agri-tourism and bamboo industry businesses.
SPNEC adjusts price range of stock rights offering
SOLAR Philippines Nueva Ecija Corp. (SPNEC) has adjusted the price range of its stock rights offering to P1.50 to P1.75 per share, saying it was doing so “in the interest of the success” of the fundraising.
SPEx new helicopter base in El Nido seen to improve security of Malampaya crew
SHELL Philippines Exploration B.V. (SPEx), operator of the Malampaya gas-to-power project, announced on Tuesday that it is moving its helicopter base from Puerto Princesa to El Nido, as it hopes to cut the flight time to and from the offshore project site by more than 70% and improve the security of its crew.
Toyota PHL to launch all-new Lite Ace on July 15
TOYOTA MOTOR Philippines Corp. (TMP) is set to launch the all-new Lite Ace on July 15 as its offering in the light commercial vehicle (LCV) segment.
ACEN files P30-B debt securities with SEC
AC ENERGY Corp. (ACEN) has filed with the Securities and Exchange Commission (SEC) the shelf-registration of debt securities worth up to P30 billion, of which the P10-billion first tranche will be offered as ASEAN green fixed-rate bonds.
How PSEi member stocks performed — July 12, 2022
Here’s a quick glance at how PSEi stocks fared on Tuesday, July 12, 2022.
Electricity rates to go down in July, says Meralco
CUSTOMERS of Manila Electric Co. (Meralco) will pay a lower rate of about 71 centavos per kilowatt-hour (kWh) in July after the energy regulator called for a refund of a previous over-collection, offsetting an increase in the power generation charge.
Okada Manila records positive results, says new management
CASINO-HOTEL complex Okada Manila has posted a positive business performance since the group led by the side of Japanese tycoon Kazuo Okada has taken the helm amid the ongoing ownership issue, the lawyer of its new management said.
Emperador sets secondary listing date in Singapore
EMPERADOR, Inc. is set to list and start trading on the main board of the Singapore Exchange Securities Trading Ltd. (SGX-ST) on July 14, the alcoholic beverage maker said on Monday.
Globe says health superapp to go live by Q1 of 2023
OPERATORS of three telehealth applications have agreed to consolidate their platforms into one superapp, which will be launched in the first quarter of 2023, Globe Telecom, Inc. said on Monday.
Raslag starts testing 18-MWp solar power plant in Pampanga
RASLAG Corp. announced the commissioning of an 18.011-megawatt peak (MWp) solar power plant in Pampanga that it expects to contribute P71.68 million in revenues this year.
Philex sets earlier date for stock rights offering
PHILEX Mining Corp. will move the start of its offer period for its P842-million stock rights offering to an earlier date, according to its disclosure on Monday.