Corporate
SM Prime sets price for peso retail bonds
Shopping mall operator SM Prime Holdings Inc. has priced its peso-denominated three-year fixed rate bonds at 6.5754 percent when the Series V paper begins selling in two days.
SM Prime schedules selling up to P25 billion peso-denominated fixed-rate bonds
SM Prime Holdings, Inc. said it will start on Friday a week-long offer of peso-denominated fixed rate bonds, with multiple maturities, to raise as much as P25 billion for one of the property development units of the Sy Group.
Phinma cementing forces with Floirendo group
Philcement Corp., a unit of Phinma Corp., on Tuesday joined forces with the Floirendo-led management and investment company ANFLOCOR in building a modern cement manufacturing plant in Davao del Norte.
CA orders MFT Group asset freeze
The Court of Appeals has ordered the freezing of the bank, investment and insurance accounts of the Maria Francesca Tan Group of Companies upon finding probable cause its assets were linked to unlawful activity.
Makati RTC finds Calata guilty of price manipulation
Executives at delisted company Calata Corp. have been ordered to pay P8 million in fines for making misleading and exaggerated statements about the Mactan Leisure City project.
