Corporate
ICTSI Ecuadorian unit gains another port concession
Contecon Guayaquil S.A. (CGSA), the International Container Terminal Services, Inc. 's (ICTSI) Ecuadorian unit, now handles the general cargo requirements of COSCO Shipping Specialized Carriers at the Port of Guayaquil in the next three years.
Supreme Court validates termination of energy contracts based on change of circumstance
San Miguel Corp. (SMC) on Tuesday reported securing Supreme Court affirmation allowing subsidiaries Sual Power Inc. and South Premiere Power Corp. (SPPC) to revoke their power supply agreements (PSAs) with the Manila Electric Co. (Meralco) due to change of circumstances.
SFA Semicon readies tender offer for 204.9 million SFA Philippines shares in Oct
South Korea’s SFA Semicon Co. Ltd. will make a tender offer for stocks of its unit, SFA Semicon Philippines Corp., that it doesn’t own to pave the way for the voluntary delisting of the semiconductor company on the Philippine Stock Exchange.
SEC rolls out incentive program for delinquent firms
The Securities and Exchange Commission (SEC) has rolled out an incentive program for tardy corporations looking to restore their good standing.
Malaysian electronics manufacturer opts to locate in Ayala-owned Batangas property
VS Industry Berhad, the Philippine unit of Malaysian electronics manufacturing services provider, has leased 52,700 square meters of space at ALogis Santo Tomas in Batangas, marking the company's first operational address in the Philippines.
