TEST
Home Tags Cirtek

Tag: Cirtek

Cirtek gets certificate for sale of $33-M preferred shares

CIRTEK HOLDINGS Philippines Corp. has obtained regulatory clearance to designate unissued preferred shares as part of its plan to sell up to $33 million shares by way of private placement.

Cirtek to offer stocks rights

CIRTEK Holdings Philippines Corp. on Monday disclosed its plan to offer stocks rights to its shareholders to raise more capital.

Cirtek subsidiary bags telco contract for 5G in US

A SUBSIDIARY of Cirtek Holdings Philippines Corp. has been awarded a contract to provide antenna to a telecommunications operator in the United States for fifth generation (5G) network rollout.

Cirtek resells P545-M bonds to repay debt

CIRTEK Holdings Philippines Corp. has reissued P545.2 million worth of bonds to refinance its short-term debt and support the capital spending of its US-based unit.

Cirtek unit tapped to manufacture 5G-supporting chipsets

A SUBSIDIARY of electronics manufacturer Cirtek Holdings Philippines Corp. (Cirtek) has entered into a multi-million project with a Silicon Valley-based technology company to produce chipsets for fiber optic networks.

Cirtek turns to China and Taiwan for expansion

CIRTEK Holdings Philippines Corp. (Cirtek) is exploring opportunities in China and Taiwan as part of diversifying its supply chain amid challenges brought by the coronavirus disease 2019 (COVID-19) pandemic.

Cirtek says demand for medical chips soar

CIRTEK Holdings Philippines Corp. (CHPC) said it is recording a steep growth in demand for medical chips used in medical equipment amid the coronavirus disease 2019 (COVID-19) pandemic.

Cirtek remains open, receives more orders

ELECTRONICS manufacturer Cirtek Holdings Philippines Corp. said it is receiving more orders at present as it maintained operations while Luzon is on lockdown.

PSE fines electronics holding firm for disclosure violations

CIRTEK Holdings Philippines Corp. has been fined by the Philippine Stock Exchange, Inc. (PSE) for violations of its disclosure rules and doing transactions during black-out period.

SEC approves Vista Land, Cirtek bond offerings

THE Securities and Exchange Commission (SEC) has approved the planned bond offerings of Vista Land & Lifescapes, Inc. (VLL) and Cirtek Holdings Philippines Corp.

PhilRatings gives Cirtek’s 3-year papers PRS A grade

A LOCAL DEBT watcher said Cirtek Holdings Philippines Corp. has above average ability to meet its financial commitments in relation to its proposed P2-billion commercial papers.

Cirtek Q2 earnings decline 60%

EARNINGS of Cirtek Holdings Philippines Corp. dropped 60% in the second quarter of 2019, weighed down by lower demand for electronic and communication devices.

Cirtek bags contract with US chipmaker

CIRTEK Holdings Philippines Corp. (CHPC) on Wednesday said its subsidiary has bagged a deal with a US chipmaker, which is expected to generate $3 million in annual revenues.

Quintel tapped as US distributor of Filtronic

A SUBSIDIARY of Cirtek Holdings Philippines Corp. (CHPC) has been tapped by London-based electronics manufacturer Filtronic PLC for the distribution of certain antenna products in North America.

Cirtek profits surge in 3rd quarter

CIRTEK Holdings Philippines Corp. looks to deliver strong profit growth for 2018, after earnings doubled for the first nine months of the year.

Cirtek nets $1.94 million in Q1

CIRTEK Holdings Philippines Corp. (CHPC) grew its net income by 14% in the first quarter of 2018, driven by a double-digit increase in revenues...

Cirtek net income up by 14% on strong revenue growth

Cirtek Holdings Philippines Corp. (CHPC) grew its net income by 14% in the first quarter of 2018, driven by a double-digit increase in revenues...

Cirtek to spend up to $8M for capacity expansion

By Arra B. Francia, Reporter CIRTEK HOLDINGS Philippines Corp. will be spending up to $8 million in capital expenditures (capex) in 2018 to further support its...

Cirtek buys stake in tech firm Multipay

CIRTEK Holdings Philippines Corp. (Cirtek) has acquired a stake in local technology firm Multipay Corp. in a bid to expand its reach in the...

Cirtek successfully shores up capital

CIRTEK Holdings Philippines Corp. (CHPC) has raised US$67 million (P3.4 billion) from the issuance of dollar-denominated preferred shares, it told the stock exchange on...

PSE approves Cirtek, 8990 share offerings

THE Philippine Stock Exchange (PSE) has given Cirtek Holdings Philippines Corp. and 8990 Holdings, Inc. the final approval to issue their respective preferred shares...

Cirtek looking at lowering costs before entering new markets

CIRTEK Holdings Philippines Corp. is working on bringing down its manufacturing costs, resulting in more flexible price points, before entering new markets outside Europe...

Cirtek plans $200-M preferred shares offer by November

By Arra B. Francia, Reporter CIRTEK PHILIPPINES Holdings Corp. looks to issue up to $200 million worth of preferred shares by November, which will primarily...