Corporate

GMA Network unit grants USD250,000 convertible loan to healthcare products provider HDC

GMA Network Inc. , a listed broadcast company under flagship free-to-air Channel 7, said its investment arm GMA Ventures Inc. together with Singapore-based TNB Aura provided a total USD500,000 loan to Hofer Development Corp.

DoubleDragon declares total P620.9 million cash dividend

DoubleDragon Corp., a listed real estate developer, said on Monday its board has approved a cash dividend for common  shares worth a total P620.9 million.

Shakey’s forms US subsidiary to spread head North America expansion

Shakey’s Pizza Asia Ventures Inc. said Monday its board has approved the establishment of a wholly-owned subsidiary in the US to lead the Philippine-listed company’s expansion in North America, especially in areas with large populations of Filipino ethnicity.

Lopez Group companies honored for exceptional corporate governance

Lopez-led companies First Philippine Holdings Corporation (FPH) and First Gen Corporation (First Gen) have been honored by the Institute of Corporate Directors for their outstanding corporate governance at the 2024 Golden Arrow Award ceremony on 19 September 2024.

Consunji commits to keep Cemex a listed entity

The Consunji group is selling a small portion of its stake at Cemex Holdings Philippines to ensure that its equity structure complies with the minimum public float of 10 percent as required.

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