Corporate

Filinvest Development plans P8B preferred share offering

Filinvest Development Corp., one of the Philippines’ largest diversified d, has filed a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) for the public offering of up to 8 million preferred shares priced at P1,000 each.

Vista Land grows 1Q profit 5% on steady real estate sales

Vista Land & Lifescapes Inc., the property development arm of the Villar Group, reported a 5 percent increase in first-quarter net income to ₱3.39 billion, up from ₱3.22 billion a year earlier, reflecting stable financial performance and continued market demand across its real estate segments.

SEC revokes Cyfle franchise over Ponzi scheme

The Securities and Exchange Commission (SEC) has revoked the corporate registration of Cyfle OPC, marking a significant regulatory action against unauthorized investment solicitation in the Philippines.

GSIS, PGEA strengthen ties in annual members’ forum

In a significant show of stakeholder engagement, members of the Philippine Government Employees Association (PGEA) directly interacted with the leadership of the Government Service Insurance System (GSIS) during the 2025 Annual Members’ Conference held at the GSIS head office.

Jollibee offloads C-Joy shares to focus on high return assets

Jollibee Foods Corp. (JFC), one of the world’s fastest-growing restaurant companies, announced on Monday the divestment of its 30 percent stake in C-Joy Poultry Inc. for ₱33.88 million as part of the strategy to streamline its operations and improve capital efficiency.

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