Corporate
Court convicts employees over illegal investment solicitation
A regional trial court, following a case buildup by the Securities and Exchange Commission (SEC), has convicted five employees of JRL Kwarta Trading Co. for illegally soliciting investments from the public without proper registration.
Cebu Landmasters acquires 78.8-hectare estate in Liloan
Leading VisMin property developer Cebu Landmasters, Inc. (CLI) has acquired a 78.8-hectare property in Liloan, Cebu through its joint venture subsidiary, Cebu Homegrown Developers Inc. (CHDI), with partner Ixidor Holdings Inc., accelerating its expansion plans.
San Miguel seeks bondholder consent for waivers of negative covenant
San Miguel Corp., one of the largest conglomerates in the Philippines, is seeking the consent of bondholders for proposed amendments to several outstanding fixed-rate Philippine Peso bonds.
INAEC named Safran network partner in PH
Safran Helicopter Engines, the world’s leading manufacturer of helicopter engines and a subsidiary of France-based Safran Group, has officially appointed INAEC Aviation Corp. as its authorized network partner in the Philippines.
Security Bank opens 359th branch in Antipolo-Cogeo
Security Bank opened a new branch in Antipolo – Cogeo, strengthening its presence in Rizal and bringing BetterBanking closer to residents and local enterprises. The location is the bank’s 359th branch nationwide.
