Corporate
Monde Nissin takes 15% of Figaro Coffee for P820.3M
Food giant Monde Nissin Corp. said Thursday it will acquire a 15 precent stake in Figaro Coffee Group Inc. for P820.3 million, equivalent to a price of P1 a share, a premium to the current market price of P0.89.
JG Summit completes repurchase of $750M, 10-year bonds due 2023
JG Summit Holdings Inc., the listed company that holds the diversified investments of the Gokongwei family, said Wednesday it has redeemed and cancelled all...
GCG addressing government corporations compensation issues
The Governance Commission for GOCCs or GCG said on Wednesday it is working to resolve issues raised under the Compensation and Position Classification System for those working in government-owned and controlled corporations, particularly concerns underscored by Clark Development Corp.
Maynilad commits 50 MLD more water by yearend
West zone concessionaire Maynilad Water Services Inc. on Tuesday said it will have produced water of an additional 50 million liters per day (MLD)...
Some share buyback programs coming to an end
A number of listed companies at the Philippine Stock Exchange have instituted share buyback programs in recent years, primarily to shore up sagging stock...
