Prime Media Holdings, Inc. has secured regulatory approval to streamline its capital structure, following the retirement of a class of preferred shares.
In a major move to modernize corporate compliance, the Securities and Exchange Commission (SEC) is set to allow paperless filing of key corporate amendments through its eAMEND system. The draft rules, now open for public comment until April 15, aim to make the process faster, more convenient, and fully digital.
The Philippine National Bank (PNB) has received regulatory approval to allow the Social Security System (SSS) and Pag-IBIG Fund to hold client assistance and information sessions at its Tokyo and Nagoya branches.
Robinsons Land Corp. (RLC) has announced it will acquire the 9.6-hectare Victoria Plaza complex along JP Laurel Avenue in Davao City, as part of its expansion in key regional areas. The company did not disclose the purchase price.
A court in Bacolod has declared four members of the Yanson family as fugitives and barred them from participating in court proceedings until they surrender.