Corporate

Filinvest Development repays P8.8B, 10Y bond issued in 2014

Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Thursday it has completed the payment of a bond issued it issued in 2014.

Pryce posted record P2.22 billion net income in 2023 on strong LPG sales

Pryce Corp., a listed company with diversified business interests, said Thursday it posted a record net profit of P2.22 billion, fueled mainly by its growing liquefied petroleum gas venture.

A. Brown’s P1.5 billion preferred share sale secures SEC green light

A Brown Co. Inc. on Wednesday secured the green light from the Securities and Exchange Commission for the sale of 15 million preferred shares.

Margin improvement boosts RFM 2023 net income by 14% to P1.2 billion

RFM Corp., the listed food company of the Concepcion Group, on Wednesday said its preliminary net income in 2023 rose 14 percent to P1.2 billion as margins recovered due to improved cost of raw materials such as wheat and milk.

Filinvest Development readies offer of 2.5Y bonds to raise P10 billion

Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Wednesday it has secured regulatory approval for the issuance of peso-denominated, fixed-rate bonds that would initially raise as much as P10 billion to support the company’s various spending and investment requirements.

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