Bidders raise tender offer price for Metro Pacific shares to “best and final” P5.20
Metro Pacific Investments Corp. sought a trading suspension on Tuesday to allow shareholders time to consider the higher price that major shareholders have tendered...
REDC finalizes IPO terms
Repower Energy Development Corporation (“REDC”), a subsidiary of Pure Energy Holdings Corporation, has started its initial public offering after finalizing the IPO terms.
A total...
Only 30 percent received bids at renewable energy auction
Only 30.9 percent or 3,580.76 megawatts (MW) of renewable energy (RE) capacity of the 11,600 MW made available by the Department of Energy (DOE)...
Miner projects spending P1.7B in Zamboanga nickel project
Florjenmar Mining and Development Corp. (FMDC) is seeking regulatory approval for the development of its Gutalac nickel project in the Zamboanga Peninsula, documents submitted...
Moody’s unit projects sharply lower inflation in June
Moody’s Analytics, the financial intelligence and analysis arm of global credit watcher Moody’s Investor Service, forecasts inflation at only 5.3 percent in June, sharply...
