Corporate
Converge launches Netflix Bundle to streamline connectivity and entertainment
Converge ICT Solutions has unveiled its new Converge Netflix Bundle, combining high-speed internet, premium streaming access, and smart entertainment hardware into a single subscription plan. The integrated offer aims to capitalize on the rising demand for seamless on-demand entertainment and connectivity in Philippine households.
Ayala secures SEC nod for ₱20B share sale
The Securities and Exchange Commission (SEC) has greenlit Ayala Corporation’s ₱20 billion preferred share offering, a move expected to bolster the conglomerate’s liquidity while refinancing short-term debt.
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.
