Corporate

SM Investments Corp. and its property development arm SM Prime Holdings Inc. are looking to the European bond market to raise funds to bankroll continued expansion and sustain growth.

Renewable energy generator Raslag Corp. announced that its board has approved a capital-raising plan aimed at generating up to P2 billion through the private placement of up to 15 million preferred shares.

LT Group Inc., the flagship investment holding company of the Lucio Tan Group, said its board has approved regular and special dividends that will distribute to its shareholders a total P3.25 billion. On Friday, the board of LT Group approved the declaration of P0.15 regular cash dividend and P0.15 special dividend for shareholders on record as of March 21. The dividends will be paid not later than April 11.

InfiniVAN Inc., a Japanese telecommunications company specializing in business-to-business internet solutions, is considering going public by late this year or early next year. The company aims to raise between P2 billion to P3 billion from local investors, marking a significant step in its growth plans.

West Zone Maynilad Water Services Inc. announced plans to raise up to P43.78 billion in an initial public offering (IPO) at the Philippine Stock Exchange (PSE).