Corporate

Alsons Consolidated raises P516.7 million from debt paper issue for working capital

Alsons Consolidated Resources Inc., the investment holding company of the Alcantara Group, said Friday it has raised P516.7 million through the issuance of debt papers that represent the fourth tranche of its P3 billion commercial paper program with the Philippine Dealing and Exchange Corp.

EEI signs P1.79 billion tollway contract with Metro Pacific Tollways, unit CIC

EEI Corp., a leading construction group, said Friday it recently signed a P1.79 billion project contract with Cavitex Infrastructure Corp. for the construction of...

CREC slashes IPO price to P2.70 a share

Citicore Renewable Energy Corp. has slashed the price of its initial public offering by 30 percent to only P2.70 per share from its indicative price of P3.88 apiece. 

SEC approves SM Prime’s P100 billion shelf registration 

The Securities and Exchange Commission (SEC) has approved the shelf registration of shopping mall operator SM Prime Holdings Inc. for up to P100 billion in fixed-rate bonds. 

Phinma unit starts work on P750 million insulated panel plant in Porac

Union Insulated Panel Corp., a unit of publicly-listed Phinma Corp., on Thursday started work on a manufacturing plant in Porac, Pampanga that will produce...

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