SEC wins case vs investment agents
THE CORPORATE regulator won a lawsuit against three operators who illegally solicited investments from the public, the Securities Exchange and Commission (SEC) said on Monday.
ICTSI raises nearly P5B from sale of treasury shares
LISTED port operator International Container Terminal Services, Inc. (ICTSI) announced on Monday that it had successfully raised P4.7 billion from the sale of its 40 million treasury shares.
UPS expects surge in delivery volume despite pandemic crisis
LOGISTICS firm United Parcel Service, Inc. (UPS) anticipates a spike in the delivery of goods in the Philippines in the first two weeks of December amid a pandemic crisis, a company official said.
San Miguel infuses more funds in MRT-7 project
SAN MIGUEL Corp. (SMC) has infused P147.81 million more in its infrastructure unit to fund the 23-kilometer Metro Rail Transit Line 7 (MRT-7) project, the firm told the local bourse on Friday.
Globe moves tech infrastructure to Amazon cloud service provider
MOBILE NETWORK operator Globe Telecom, Inc. has successfully transferred on Monday the bulk of its technology infrastructure to cloud service provider Amazon Web Systems, Inc. (AWS), in a bid to accelerate the former’s digital transformation and improve customer experience.
Suntrust bond issuance to HK firm exempted from SEC registration
THE Securities and Exchange Commission (SEC) exempted Suntrust Home Developers, Inc.’s proposed issuance of P5.6 billion, 6% convertible bonds to Summit Ascent Investments Ltd. from registration requirements.
Cebu Pacific extends unlimited rebooking till March next year
CEBU PACIFIC announced on Monday that its passengers may avail of its unlimited rebooking option until the first quarter of 2021, a company official said.
Century Properties plans P3-B unsecured fixed rate retail bonds
CENTURY PROPERTIES Group, Inc. on Monday said its board has approved the company’s application of public offering of unsecured fixed-rate peso denominated retail bonds in the amount of P2 billion with an oversubscription option of up to P1 billion.
Apex Mining reports 69 COVID-19 cases in Davao de Oro mine site
APEX MINING Co., Inc. said that 69 employees and contractors working at its Maco Mine in Davao de Oro had tested positive for the coronavirus disease 2019 (COVID-19).
How PSEi member stocks performed — December 14, 2020
Here’s a quick glance at how PSEi stocks fared on Monday, December 14, 2020.
PLDT Global, Softbank to power Japanese firms
A UNIT of PLDT, Inc. has partnered with Japan-based SoftBank Corp. to offer internet service to Japanese enterprises.
Tax court grants partial VAT refund to PGPCI
THE COURT OF Tax Appeals (CTA) partially granted the tax refund claim of Philippine Geothermal Production Company, Inc. (PGPCI) of excess and unutilized input value-added tax (VAT) traced to zero-rated sales for 2014.