Corporate
Leasing, residential growth, one-off item boost DM Wenceslao earnings
Robust leasing, stable residential growth and one-time gain bolstered net income of D.M. Wenceslao and Associates Inc. three times to P7.3 billion last year from P2.1 billion in the previous year.
Tuna processor Alliance Select narrows loss to $2.6 million as revenue rise
Alliance Select Foods International Inc., a publicly-listed tuna processing company, reported on Monday a net loss of USD2.6 million last year, narrower than the USD3.5...
SEC catches Abra Mining fraudulent trading unregistered shares
The Securities and Exchange Commission (SEC) has caught Abra Mining and Industrial Corp. allegedly trading unissued and unlisted shares from 2015 to 2019 and slapped it a fine of some P560 million.
Cebu Landmasters raises extra funds from preferred shares; looks at Luzon as growth market
Cebu Landmasters Inc., a leading property developer in the Visayas and Mindanao, raised over P4.28 billion in its follow-on offering of preferred shares, exceeding its fundraising target on strong investor demand.
Dizon Mines approves 3-year, P25.5M rehabilitation plan for Bayarong tailings dam
Dizon Copper-Silver Mines, Inc. said Friday its board approved a proposed rehabilitation plan for its Bayarong tailings dam, whose ultimate goal is to the extract residual gold and other minerals from the mine waste.
