DA files charges vs onion importer for violating safety regulations
The Department of Agriculture (DA) has filed a formal complaint against JRA and Pearl Enterprises Inc. for illegally importing 25 metric tons of fresh yellow onions from China, violating food safety and plant quarantine regulations.
Vitarich partners with Novogen to Boost Egg Production for Filipino Farmers
Vitarich Corp., a publicly listed company, has entered into a strategic partnership with French genetics firm Novogen to provide local farmers with low-cost, high-yield chickens.
Property titans focus on investment potential amid political tensions
Real estate developers in the Philippines are shifting their attention away from political instability and focusing on making the country an attractive investment destination, according to a property consultancy firm.
ACEN Corp. sets aside P660M for land acquisition via BCHC subsidiary
ACEN Corp., a listed renewable energy (RE) developer, has entered into a subscription agreement with subsidiary firm Buendia Christiana Holdings Corp. (BCHC), committing P660 million in investments. This involves the purchase of 660,000 common shares and 5,940,000 redeemable preferred shares (RPS) from BCHC, a special purpose vehicle created to manage land acquisition for ACEN’s growing portfolio of power projects.
Top Line slashes IPO offer price to P0.31 a share, eyes P729.74M in proceeds
Cebu-based Top Line Business Development Corp. has revised its offer price for its upcoming initial public offering (IPO), cutting it by 18 percent to P0.31 per share. This adjustment is meant to raise up to P729.74 million, a strategic move driven by current market conditions.
