The Securities and Exchange Commission has made permanent the cease and desist order (CDO) against Casa Infini Builders and Realty Co. Ltd. and Casa Infini Realty Management Co. Ltd. and revoked the corporate registration of Bagong Bansang Maharlika (BBM) International Inc. for operating as a non-government organization without the necessary license.
Listed mining firm, Benguet Corp. has secured from the Mines and Geosciences Bureau (MGB), the exploration permit for its Bolco gold project in Zamboanga Sibugay.
AREIT Inc., the listed real estate arm of the Ayala Group, said Wednesday it will acquire a 276-hectare property in Zambales from Buendia Christiana Holdings Corp., a wholly owned subsidiary of ACEN Corp., via property-for-share swap valued at P6.77 billion.
Filinvest Development Corp., the holding firm of the Gotianun group, on Tuesday said it filed before the Securities and Exchange Commission (SEC) a petition for the shelf registration of peso-denominated fixed rate bonds of up to P32 billion.