Corporate
Uniholdings excludes Unioil Group from planned merger
Uniholdings Inc., formerly called Chemical Industries of the Philippines Inc., said Thursday its board approved a plan to exclude the Unioil Group Inc. from the internal restructuring or merger of the listed company with other companies.
Roxas declines to identify treasury share buyers
Listed sugar firm Roxas and Co. Inc. has declined to identify the buyers of treasury shares it sold early this year, citing provisions of the Data Privacy Act.
Stock trading accounts widen 11% in 2023
Stock market accounts at the Philippine Stock Exchange Inc. rose 11 percent in 2023 to 1.9 million versus only 1.71 million in 2022, mainly the result of accounts created through the bourse’s online platform.
Union Bank 327.1 million rights shares to be listed Friday
Union Bank of the Philippines will list on Friday a total 327.1 million shares it sold in a stock rights offering that raised P10 billion in fresh capital for the country’s 9th largest lender by assets.
PLDT convinces labor union to call off planned strike
PLDT Inc. and its labor union reached an agreement to start negotiations for a new collective bargaining agreement, effectively terminating the planned strike.
