Corporate

SEC green lights Maynilad blue bond offering

Maynilad Water Services, Inc. has received Securities and Exchange Commission (SEC) approval of its P15 billion blue bond sale program destined for its marine and ocean-based projects.  

CPG income rises 35% in 1Q

Listed real estate developer Century Properties Group Inc. on Thursday reported income in the first three months of the year rising 35 percent to P410 million from year ago of P302 million on higher sales of its horizontal development projects.

Alliance Global to acquire P2.61 billion of unit Megaworld

Alliance Global Group Inc., the investment holding company of the Andrew Tan Group, said Thursday its board approved its subscription to 1.38 billion common shares of its property arm, Megaworld Corp.

Nickel oversupply plunge Global Ferronickel 1Q earnings by 93%

Global Ferronickel Holdings Inc., a leading nickel ore producer in the Philippines, reported a sharp drop in first-quarter net income as a glut in the nickel industry sent prices sharply lower that nearly halved mining revenue during the period.

Banking, car, insurance businesses nudge GT Capital net income higher in 1Q

GT Capital Holdings Inc. said Thursday its banking, car and insurance businesses lifted first-quarter net income by 7 percent to P7.11 billion.

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