Corporate

Topline investing P210 million to build 9 fuel stations in Cebu

Top Line Business Development Corp., a privately-held Cebu-based commercial fuel trading, depot and retail fuel operations, has invested around P210 million to fund the construction of seven additional Light Fuels service stations and two Light Fuels Express service stations in Cebu.

RSA named San Miguel chairman, CEO; son John Paul appointed president, COO

San Miguel Corp. announced on Tuesday that its board has given the green light to the appointment of John Paul Ang as vice chairman, president, and chief operating officer of the conglomerate and one of the largest and most diversified companies in the country.

Pedro Emilio Roxas quits as independent director of SP New Energy

SP New Energy Corp. announced on Tuesday that its board has accepted the resignation of Pedro Emilio Roxas as an independent director of the listed renewable energy corporation.

50,000 alleged ARBs at RCI face eviction

The erstwhile sugar firm Roxas and Co. Inc. on Monday ruled out compensation for some 50,000 Batangas farmers and individuals who stand affected by real estate development plans across three of its largest properties.

SEC approves direct share sale of Zamboanga hospital

The Securities and Exchange Commission has approved the direct shares sale of Allied Care Experts Medical Center-Zamboanga Inc. of up to P1 billion. 

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