Corporate
Petron buys back P1.12B worth of shares from employees
Petron Corp., the oil company of San Miguel Corp., said Wednesday it bought back 459.2 million shares, the initial salvo of P1.52 billion share buyback program announced two weeks ago.
Vitarich partners with Novogen to Boost Egg Production for Filipino Farmers
Vitarich Corp., a publicly listed company, has entered into a strategic partnership with French genetics firm Novogen to provide local farmers with low-cost, high-yield chickens.
ACEN Corp. sets aside P660M for land acquisition via BCHC subsidiary
ACEN Corp., a listed renewable energy (RE) developer, has entered into a subscription agreement with subsidiary firm Buendia Christiana Holdings Corp. (BCHC), committing P660 million in investments. This involves the purchase of 660,000 common shares and 5,940,000 redeemable preferred shares (RPS) from BCHC, a special purpose vehicle created to manage land acquisition for ACEN’s growing portfolio of power projects.
Top Line slashes IPO offer price to P0.31 a share, eyes P729.74M in proceeds
Cebu-based Top Line Business Development Corp. has revised its offer price for its upcoming initial public offering (IPO), cutting it by 18 percent to P0.31 per share. This adjustment is meant to raise up to P729.74 million, a strategic move driven by current market conditions.
Primex in hotel management deal with Thailand’s Dusit
Primex Realty Corp., a wholly owned subsidiary of Primex Corporation, is making significant strides in the luxury hospitality sector through a strategic partnership with Thailand's Dusit International.
