Corporate
Nasugbu LGU seeks declaration of RCI officers, board members and supporters as persona non grata
The local government unit of Nasugbu in Batangas has intensified its opposition to ownership claims by listed firm Roxas and Co. Inc. over large tracts of land it disputes with 50,000 local residents and agrarian reform beneficiaries.
GCash awaits favorable market conditions before IPO; eyes dual listing
GCash, the leading mobile wallet service in the Philippines developed by Mynt, is waiting for favorable market conditions and more capital market reforms before deciding to go public, GCash’s parent company, Globe Telecom Inc., said Wednesday.
Panasonic Manufacturing declares P139.4 million cash dividend
Panasonic Manufacturing Philippines Corp., a listed manufacturer and importer of home appliances and other electronic products, said Wednesday it has declared a cash dividend totaling P139.4 million to stockholders on record as of 10 June.
Singapore headquartered KKR takes a chunk of Phinma Education
Investment firm KKR Singapore Pvt Ltd. is taking a significant stake in Phinma Education Holdings Inc., which operates schools in the Philippines and Indonesia.
The...
Bright Kindle subsidiary acquiring mining firm in P5 billion deal
Investment holding company Bright Kindle Resources & Investments Inc. said Wednesday it subsidiary, Brightstar Holdings and Development Inc., will acquire Strong Built (Mining) Development Corp. in a transaction valued at P5 billion.
Brightstar Holdings will issue new common shares and assets to shareholders of Strong Built, which mines magnetite sand in mining claims in several towns of Leyte.
