Corporate
DoubleDragon starts public offer of P10 billion retail bonds
DoubleDragon Corp. started on Monday a 10-day public offer of its 5.5-year retail bond offer that aims to raise P10 billion to fund its expansion plans.
Globe Telecom plans further capex cuts, eyes revenue growth
Globe Telecom said on Monday that it plans to further reduce its 2025 capital expenditure (capex) to below USD1 billion as part of its ongoing cost management strategy.
UnionBank buys 27.5% stake in ATRAM; merge trust units
Union Bank of the Philippines and the ATRAM Group have entered into a strategic investment agreement, under which UnionBank will acquire a 27.5 percent stake in ATR Asset Management Inc. The remaining 72.5 percent of ATRAM will be retained by existing shareholders.
Vitarich quadruple 9-month net profit on lower costs
Vitarich Corp., a leading poultry integrator and manufacturer of animal feeds and food products, saw net profit in the nine months through September surge as efforts to trim costs more than made up for the decline in revenue during the period.
Maynilad to list on the PSE by 2025
Maynilad Water Services, Inc., the west zone concessionaire, is set to list its shares on the Philippine Stock Exchange (PSE) by next year, according to Maynilad president and CEO, Ramoncito S. Fernandez.
