Corporate

Listed fuel distributor and retailer Top Line Business Development Corp. (TOP) has raised P1.5 billion from an oversubscribed follow-on offering of perpetual preferred shares, providing fresh capital to expand fuel importation and storage capacity as it bets on rising energy demand in the Visayas.

Del Monte Pacific Ltd. (DMPL) returned to stronger profitability in the fourth quarter ended April 30, 2026, as higher exports, firmer pricing and improved margins lifted earnings despite lingering inflationary pressures.

International Container Terminal Services, Inc. (ICTSI) has locked in another 26 years of operations at Australia's busiest container gateway, extending its Melbourne terminal concession to 2066 and reinforcing the long-term earnings visibility of one of its flagship overseas assets.

iACADEMY, the Makati-based private educational institution, has reaffirmed its position as the nation’s leading innovative school. Established 24 years ago, it received the “Most Innovative School” award at the Global Brands Awards in 2025, following its first distinction as “Most Innovative Education Provider” in 2020. This recognition makes it the only Philippine school to have received this honor twice, standing alongside global leaders such as Harvard University, MIT, and Nanyang Technological University.

Bounty Fresh is investing about P800 million in a new food manufacturing facility in Tarlac as it accelerates its push into the fast-growing convenience food segment, betting that changing consumer habits will drive demand for ready-to-cook and ready-to-eat products.