Corporate
Rockwell declares 20% of 2024 profit as dividend
Rockwell Land Corp., the real estate arm of the Lopez Group, has declared a cash dividend equivalent to 20 percent of its 2024 net income. Shareholders on record as of August 7 will be entitled to the payout.
SEC enforces strict timelines with “deemed approved” policy
The Securities and Exchange Commission (SEC) has rolled out new guidelines enforcing its “deemed approved” policy, setting mandatory processing timelines for most applications submitted by entities under its supervision.
Angono pipeline upgrade nears completion
The Manila Water Co. Inc. on Monday announced that its P24.4-million mainline extension project in Angono, Rizal is on track for completion within the third quarter of 2025.
Lodestar rises authorized capital, prepares for business shift
Lodestar Investment Holdings Corp. said its board approved a tenfold increase in its authorized capital stock to P3 billion to raise fresh equity from existing shareholders as well as new investors.
AboitizPower gets nod to list fixed-rate bonds on PDEx
Aboitiz Power Corp. said it has secured approval from the Philippine Dealing and Exchange Corp. (PDEx) to list the first tranche of its retail...
