Corporate
Pepsi-Cola taps Meralco’s Vantage Energy
The Manila Electric Co. (Meralco) affiliate Vantage Energy Solutions and Management Inc. has signed a partnership agreement with Pepsi-Cola Products Philippines Inc. (PCPPI) to supply electricity to five of its manufacturing facilities in Luzon and the Visayas.
Malayan Insurance appoints new COO, CUO ahead of 95th anniversary
Malayan Insurance Co. Inc. (MICO) has appointed Eden R. Tesoro as chief operations officer (COO) and Adelo A. Abeleda as chief underwriting officer (CUO). These leadership changes come as the company prepares to celebrate its 95th anniversary.
Vivant exits joint venture, focuses on Cebu desalination plant
Vivant Hydrocore Holdings Inc. (VHHI), a subsidiary of Vivant Corp., has announced its exit from a joint venture with Israeli company WaterMatic International Ltd., effective last Friday.
SFA Semicon starts tender offer on Oct. 14
SFA Semicon Philippines Corp. sought the clearance of the Philippine Stock Exchange to conduct a month-long tender offer that would cover 204.9 million shares as part of its plan to delist.
MREIT secures SEC nod for P13.15 billion acquisition of prime office assets
MREIT Inc., the real estate investment trust of township developer Megaworld Corp., has secured clearance from the Securities and Exchange Commission for it to acquire six prime, PEZA-accredited office properties valued at P13.15 billion.
