Corporate

SEC eyes rule change to allow extended bond offerings

The Securities and Exchange Commission may allow companies to extend the three-year period of shelf registration of bonds. 

Jollibee buys stake in Taiwanese brand, expands beverage portfolio

Jollibee Foods Corp. said Monday that its subsidiary Milkshop International Co., Ltd. is buying a 70 percent stake in Tien Hsia Sheng Co., Ltd. (Moon Moon Food) in a  deal valued at TWD103.8 million—around P180 million.

DMCI delays Semirara cement plant development amid new acquisition

DMCI Holdings Inc., the flagship company of the Consunji group, announced that it will delay its planned cement manufacturing facility on Semirara Island due...

Suntrust appoints Yip Ho Chi as new CFO

Suntrust Resort Holdings, Inc., a tourism-related company, has appointed Yip Ho Chi as its new chief financial officer, effective January 2.

Okada Foundation head takes helm at Ferronoux Holdings in major shakeup

In a significant reshuffling of leadership, James Lorenzana, president of the Okada Foundation, has been appointed chairman of Ferronoux Holdings Inc., following the resignation of Michael C. Cosiquien from the company’s top post.

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