Corporate
SMIC marks 20 years with strong shareholder returns and expansion plans
SM Investments Corp. (SMIC), the conglomerate controlled by the Sy family, has delivered significant value to its shareholders over the past two decades, following its listing on the Philippine Stock Exchange (PSE) in March 2005.
Top Line starts IPO, aims to raise P624.6M for expansion
Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.
Megaworld allocates P30B for office expansion
Property giant Megaworld Corp. is setting the stage for significant growth in the office sector by committing P30 billion over the next five years to develop new office buildings and revitalize existing properties.
Jollibee Worldwide plans U.S. dollar bond offering
Jollibee Worldwide Pte. Ltd. (JWPL), a subsidiary of Jollibee Foods Corp., has appointed J.P. Morgan and Morgan Stanley as joint global coordinators and bookrunners for a potential U.S. dollar-denominated bond offering.
DNL considering new biodiesel plant
D&L Industries Inc. (DNL), through its subsidiary Chemrez Technologies Inc., is assessing the construction of a second biodiesel plant to align with government plans to raise the biodiesel blend from 3 percent to 4 percent by 1 October this year.
