Tag: shares

Jollibee Foods Corp. said it will be venturing into the Mexican restaurant business in the US through acquiring almost half of a Chicago-based Mexican...

International Container Terminal Services, Inc. (ICTSI) will be increasing its stake to 50% in Habor Centre Port Terminal, Inc.'s Manila North Harbor Philippines, Inc....

Berjaya Philippines, Inc is shelling out P124.47 million to increase its stake in the Malaysian operator of 7-Eleven convenience stores. In a disclosure to the...

ISM Communications, Inc. is selling around 30% of its shares to a Singapore-based fund management firm for P1.22 billion, a few weeks after it...

Appetite for San Miguel Food and Beverage, Inc. (SMFB)’s P142-billion follow-on offering will depend on its pricing, as the company undertakes the largest fundraising...

TKC Metals Corp. plans to proceed with an equity restructuring program, as it aims to strengthen shareholder value after the drop in steel prices...

Davao-based businessman Dennis A. Uy continues his acquisition spree with the purchase of P1.28 billion worth of shares in listed firm ISM Communications Corp. In...

Union Bank of the Philippines (UnionBank) will proceed with its planned stock rights offer next month, as the lender works to raise fresh capital...

Adidas AG got a boost from the World Cup, selling record numbers of jerseys even though the national teams it sponsors lost out to...

Energy Development Corp. (EDC) said its board had approved on Wednesday, Aug. 8, the voluntary delisting of the Lopez-led renewable energy company's common shares...

The logistics unit of Metro Pacific Investments Corp. (MPIC) has completed its acquisition of a 12% stake in logistics services provider Air21, in line...

Vista Land & Lifescapes, Inc. (VLL) has secured corporate notes amounting to P500 million to partially finance this year’s capital expenditures. In a disclosure to...

Ayala Corp. (AC) raised P8.07 billion through a top-up placement from an institutional investor, bringing in fresh capital for the acquisition of properties or...

Shake Shack Inc. is stirring up shares of SSI Group Inc. after the burger chain founded in New York selected the upscale Philippine retailer...

The Securities and Exchange Commission (SEC) has approved the equity restructuring of Vitarich Corp that will allow the firm to wipe out its deficit...

THE LAND BANK of the Philippines (LANDBANK) said shareholders representing 43% of the fixed-income bourse have accepted its offer to buy their shares, with the share purchase agreement (SPA) expected to be signed this week.

THE LAND BANK of the Philippines (LANDBANK) said that about 43% of shareholders in the Philippine Dealing System Holdings Corp. (PDSHC) have accepted the...

Metro Pacific Tollways Corp. (MPTC) targets to get the green light from Indonesian authorities for the conduct of a tender offer in favor of...

An Indonesian unit of Metro Pacific Tollways Corp. (MPTC) has hiked its stake in Indonesian infrastructure firm PT Nusantara Infrastructure Tbk to more than...

Cebu Air, Inc., the listed operator of Cebu Pacific, has sold majority of its shares in its ground-handling service provider. In a disclosure to the...

GT Capital Holdings, Inc. is making its first offshore investment, as it buys up to ¥22.2 billion (around $200 million or P10.7 billion) worth of shares in Japanese auto giant Toyota Motor Corp.

LBC Express Holdings, Inc. has acquired remittance and cargo companies based in Singapore and Australia with the goal of upping its global revenue. In a...

GT Capital Holdings, Inc. is investing 22.2 billion Japanese yen, or around $200 million, in Japanese auto manufacturer Toyota Motor Corp., noting that it...

GLOBAL FERRONICKEL Holdings, Inc. (FNI) has priced its follow-on share sale at a discount, which will allow it to raise just over P500 million or half of its original target of P1 billion.

The board of directors of ISM Communications Corp. has authorized its executive committee to raise funds through the issuance of treasury shares as well...

THE GOVERNMENT said the Philippine Stock Exchange (PSE) is imposing constantly changing conditions for signing the agreement to sell its 20% stake in the Philippine Dealing System (PDS), a fixed-income exchange, thereby slowing the deal’s completion.

A UNIT of Metro Pacific Investments Corp. (MPIC) has completed the acquisition of a 49% stake in Vietnamese company that will allow its expansion into the Southeast Asian country’s industrial water concessions, the listed company told the stock exchange on Monday.

PROPERTY DEVELOPER and construction firm D.M. Wenceslao & Associates, Inc. (DMWAI) has priced its initial public offering (IPO) at a discount, which analysts said would make the offer more attractive to investors given the persistent volatility in the stock market.

Rizal Commercial Banking Corp. (RCBC) has set the final terms for its stock rights offer (SRO) where it is eyeing to raise P15 billion...

DEL MONTE Philippines, Inc. (DMPI) has delayed what would have been the country’s first initial public offering this year, citing the current volatility in the local stock market.

Del Monte Philippines, Inc. (DMPI) has deferred its planned P17.5-billion initial public offering of around 21% of its total outstanding shares to the public...

THE LAND BANK of the Philippines (LANDBANK) expects to ink the share purchase agreement (SPA) with the Philippine Stock Exchange (PSE) for the sale of its stake in the country’s fixed income-bourse this week.

DOUBLEDRAGON PROPERTIES Corp. announced on Friday that the stock exchange has approved the updated timetable for its follow-on offering, which could raise up to...

NO SHARES were tendered after Udenna Corp. offered to buy 37.994% of Philippine H20 Ventures Corp.’s issued and outstanding common shares to complete its acquisition of the company.

JG Summit Holdings, Inc. is hiking its capital spending for 2018 as it aims to grow its petrochemical, airline, property, food and beverage, and banking businesses.

Global Ferronickel Holdings, Inc. is delaying its planned P1-billion follow-on share sale to give the Securities and Exchange Commission (SEC) more time to review...

AC Energy Holdings, Inc. is investing $230 million to acquire a 50% stake in the Australian business of UPC Renewables and provide funding for...

Andrew L. Tan-led Megaworld Corp. posted an 11.3% increase in net income attributable to the parent to P3.2 billion during the first three months...

PLDT Inc said it has completed its partial sale of its Rocket Internet SE shares. PLDT said in a statement that Rocket Internet AG has...

Bank of the Philippine Islands (BPI) has listed 599.7 million new common shares at the local bourse following the completion of a P50-billion stock...

Bank of the Philippine Islands (BPI) has completed its stock rights offer (SRO), raising P50 billion to fund its business operations and expansion. In a...

ISM Communications Corp. is selling treasury shares to finance possible investments. In a disclosure to the stock exchange on Wednesday, May 2, ISM said its...

The Philippine Stock Exchange, Inc. (PSE) said it has received an offer from the Land Bank of the Philippines (LANDBANK) to buyout its shares...

Puregold Price Club, Inc. has divested from the Lawson chain of convenience stores, after accepting its Japanese partner’s offer to buyout its 70% stake...

MANILA/SYDNEY — Poultry company Bounty Fresh Food Inc has mounted a NZ$437.8 million ($309.4 million) cash offer for New Zealand's Tegel Group Holdings Ltd,...