How PSEi member stocks performed — April 26, 2021
Here’s a quick glance at how PSEi stocks fared on Monday, April 26, 2021.
SEC plans to add more guidelines for auditors of listed companies
THE Securities and Exchange Commission (SEC) is asking interested parties to comment on its proposals for changes in the SEC Oversight Assurance Review (SOAR) inspection program, which was revised to align with the International Forum of Independent Audit Regulators’ guide on audit regulation.
2GO banking on modernization to return to profitability; no plans to raise capital despite...
2GO GROUP, Inc. has no plans to raise additional capital this year to fund its modernization projects, which are expected to help the company get back on track to profitability, a company official said.
DoE clears Vires Energy’s LNG project in Batangas
VIRES Energy Corp. has secured clearance from the Energy department to proceed with its planned gas-fired power plant, which is integrated with a liquefied natural gas (LNG) storage and regasification facility, in Batangas province.
SC affirms MWSS exemption from real property taxes
THE Supreme Court (SC) ruled that the Metropolitan Waterworks and Sewerage System (MWSS) is exempt from real property taxes by virtue of its being a “government instrumentality vested with corporate powers” as provided by law.
SM Prime investors take profit as gloomy prospects linger
THE ongoing economic uncertainty brought about by the coronavirus pandemic prompted investors of SM Prime Holdings, Inc. to take profit, making it the 10th most actively traded issue last week.
How PSEi member stocks performed — April 23, 2021
Here’s a quick glance at how PSEi stocks fared on Friday, April 23, 2021.
Ayala Corp. to boost core businesses, explore fundraising
Listed conglomerate Ayala Corp. said it would focus on optimizing existing businesses, adopting “a highly disciplined approach” to capital deployment, and exploring fundraising activities...
Filinvest Land unveils growth initiatives
Filinvest Land, Inc. (FLI) is looking into new initiatives such as entering the real estate investment trust (REIT) market, logistics and e-commerce warehouses, and...
Prime Media venturing into TV business; seeking media partner
Listed Prime Media Holdings, Inc. announced on Friday its plan to enter the television business by offering locally produced entertainment content.
“After entering a...
PSE clears Monde Nissin listing, AC Energy offering
The Philippine Stock Exchange (PSE) has approved the initial public offering (IPO) of Monde Nissin Corp. and the follow-on offering of AC Energy Corp.
Lucky...
Holcim Philippines jumps 81% after focus on efficiency, cost
Holcim Philippines, Inc. has generated P908.92 million in net attributable profit for the first quarter, 81% higher than the P501.31-million posted in the same...