Corporate
8990 Holdings files for voluntary delisting, cites market undervaluation
Mass housing developer 8990 Holdings Inc. has filed for voluntary delisting from the Philippine Stock Exchange (PSE), citing the market’s failure to fully reflect the company’s intrinsic value. This marks the second delisting on the PSE this year, following Keppel Philippines Holdings Inc.
D&L keeps top credit rating, outlook stable
D&L Industries Inc. has retained its top-tier credit rating of PRS Aaa with a Stable Outlook from the Philippine Rating Services Corp. (PhilRatings) for its ₱2 billion outstanding fixed-rate bonds, reflecting continued investor confidence in the company’s financial health and market resilience.
Lenovo rises in Gartner’s Top 25 Supply Chains ranking
Lenovo has climbed to 8th place in the Gartner Supply Chain Top 25 for 2025, advancing two spots from last year and reaffirming its leadership among global giants across industries such as pharmaceuticals, automotive, FMCG, and technology.
EastWest Bank named Mid-Sized Retail Bank of the Year
EastWest Bank has been named Mid-Sized Retail Bank of the Year (Philippines) at the Asian Banking & Finance (ABF) Retail Banking Awards 2025, underscoring its growing prominence in the country’s consumer banking sector.
Alternergy declares first cash dividend for common shares
Alternergy Holdings Corp. has declared its first cash dividend for holders of common shares since its initial public offering in March 2023, highlighting the listed renewable energy company’s growth and financial stability.
