Corporate
EEI transfers Cavite assets for shares
Listed construction and engineering firm EEI Corp. announced that its board of directors has approved the transfer of training facilities in Tanza, Cavite—valued at P164 million—to its wholly owned subsidiary, EEI Training Academy Corp., in exchange for shares under a tax-free property-for-share swap.
Globe expands 5G network in Davao
Globe has expanded its 5G network in Davao City, boosting coverage and capacity across several fast-growing barangays.
Megawide wins bid for Baguio transport terminal
Megawide Construction Corp. said it has received the Notice of Award designating the company as the private sector proponent for the P1.8-billion Baguio City Integrated Terminal (BCIT) Project. The notice was issued by the Office of the Mayor of Baguio City.
Atlas Mining profit sinks despite higher metal prices
Atlas Consolidated Mining and Development Corp. reported an 81 percent plunge in net income to P218 million for the first nine months of the year, as operational setbacks at its Carmen Copper Mine offset the benefits of rising global metal prices.
MREIT to hike capital to P8B for expansion
MREIT Inc., the real estate investment trust of billionaire Andrew Tan, has filed an application with the Securities and Exchange Commission to raise its...
