Corporate
MGreen early listing plans counts SPNEC as backdoor option
MGen Renewable Energy Inc. (MGreen), the green energy arm of Meralco PowerGen Corp. (MGen), is exploring the possibility of a public listing, with key advisors recently retained to guide the process, its listed affiliate, SP New Energy Corp. (SPNEC) told the Philippine Stock Exchange.
SM builds inclusive workplace through policy, programs, and design
SM Investments Corp. is deepening its commitment to workplace inclusion through strategic policies and corporate support that reflect the needs of a multigenerational and diverse workforce.
Jollibee expands to Oregon amid surging U.S. demand
Jollibee has officially entered the Oregon market with the opening of its first store in the state, located at Tanasbourne Village Shopping Center in Hillsboro. The launch, held on 30 May, represents a milestone in the Filipino fast-food giant’s continued North American expansion, marking its 105th store in the region.
Areit block sale backs ALI’s capital recycling push
Ayala Land Inc. (ALI) said Thursday that it has raised approximately P489 million from a block sale of 12 million common shares in Areit Inc., its real estate investment trust (REIT), to institutional investors. The shares were priced at P40.78 apiece, representing a slight discount from Areit’s last traded price of P41.50.
Potato Corner expands to Taiwan, Laos by year-end
Shakey’s Pizza Asia Ventures Inc. is set to introduce its Potato Corner brand in Taiwan and Laos by year-end. The move underscores the company's commitment to scale its iconic snack brand in new high-growth markets.
