Corporate

FLI board approves offer to reacquire shares from Filreit

Filinvest Land Inc. on Wednesday said its board of directors approved the voluntary offer to reacquire up to 1.86 billion common shares equal to 7.69 percent of outstanding stock in exchange for Filinvest REIT Corp. shares.

Union Bank infusing P1.6 billion additional capital in UnionDigital

Union Bank of the Philippines, the country's ninth largest lender by assets, said Tuesday its board approved the infusion of up to P1.6 billion additional capital into UnionDigital Bank Inc.

Steniel Manufacturing seeks to raise P315.3 million from follow-on offer

Listed company Steniel Manufacturing Corp. is looking to raise as much as P315.3 million through a follow-on offer of up to 157.6 million shares.

Six-month leak repairs allow Maynilad to recovers 198 million liters of water daily

Maynilad Water Services Inc. has plugged more than 28,000 pipe leaks in the first half of 2024, enabling the concession to recover 198 million liters of water a day for the period.

Petron lists P16.83 billion preferred shares on the Philippine Stock Exchange

Petron Corp. on Monday listed on the Philippine Stock Exchange preferred shares to raise P16.83 billion for the country’s largest oil company with operations in Malaysia.

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