Jenniffer B. Austria
PH stock market pulls back from 4-day rally
The Philippine stock market pulled back on Wednesday as investors took profits after four straight days of gains.
The 30-company Philippine Stock Exchange index lost...
FLI plans ‘tender offer’ via share swap with Filinvest REIT
Property developer Filinvest Land Inc. (FLI) announced Wednesday a “tender offer via share swap” plan that will allow its stockholders to exchange their FLI...
Axelum gets nod to repurchase P500-m shares
Axelum Resources Corp., an exporter of premium coconut products, said Wednesday its board approved a P500-million share buyback program to boost shareholder value.
Under the...
DITO defers P4.2-b share sale as investors seek more details
DITO CME Holdings Corp. led by businessman Dennis Uy said Tuesday it deferred its planned P4.2-billion share sale after obtaining regulatory approvals.
“Please be informed...
Stock market sustains rally, stays above 7,400
Philippine stocks climbed for fourth straight trading session, supported by improving outlook on the domestic economy and China’s new stimulus measures.
The 30-company Philippine Stock...
Steniel Manufacturing board clears share offering to raise up to P315m
Listed packaging firm Steniel Manufacturing Corp. plans to raise up to P315 million through share sale.
Steniel said in a disclosure to the stock exchange...
UnionBank injects P1.6b in digital arm
Union Bank Of the Philippines (UBP), the financial arm of the Aboitiz Group, is injecting more funds into its online banking arm to support...
SEC issues PERA accreditation rules
The Securities and Exchange Commission issued the guidelines for the accreditation of market participants offering Personal Equity and Retirement Account (PERA) investment products.
PERA is...
