Corporate
Cebu-based Top Line Business plans IPO in November, eyes P3.16 billion from shares offer
Top Line Business Development Corp. sought regulatory approval for a planned initial public offering that will value the Cebu-based fuel distribution company at P9.58 billion.
MPIC agri unit steers clear of the meat business but ramps up vegetable, dairy operations
Metro Pacific Agro Ventures Inc., a unit of conglomerate Metro Pacific Investments Corp., is ramping up its vegetable and dairy operations by going into the chicken egg and carabao milk business.
REDC reports expanded net income in the first half
Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp., reported an increase in profitability in the first half this year, sustaining growth from the steady operations of the Tibag and Lower Labayat run-of-the-river mini hydropower plants.
Substandard rebars found in N. Luzon
Substandard steel bars (rebars) have been found in various provinces in northern Luzon in random test buys conducted by the Philippine Iron and Steel Institute (PISI).
Vista land saw double-digit growth in 1H earnings on portfolio expansion
Vista Land & Lifescapes Inc., a listed unit of the Villar Group, posted net income of P6.4 billion for the first half, an 11 percent increase from last year as the leading integrated property developer and the country's largest homebuilder continued to expand its development portfolio.
