Corporate
Telco niche player plans raising P3B via IPO
InfiniVAN Inc., a Japanese telecommunications company specializing in business-to-business internet solutions, is considering going public by late this year or early next year. The company aims to raise between P2 billion to P3 billion from local investors, marking a significant step in its growth plans.
Maynilad raising over P43B in proposed IPO
West Zone Maynilad Water Services Inc. announced plans to raise up to P43.78 billion in an initial public offering (IPO) at the Philippine Stock Exchange (PSE).
Globe Telecom secures P20B term loan for refinancing, network expansion
Globe Telecom, Inc. has secured P10 billion in term loans each from BDO Unibank, Inc. and Metropolitan Bank & Trust Company.
Monthly public ownership reports required of dozen PSE-listed firms
A little over a dozen companies listed on the Philippine Stock Exchange (PSE), including those owned by prominent families, are now required to submit monthly public ownership reports (POR)—an early-warning system established by the bourse to monitor firms teetering close to the minimum ownership threshold.
Globe reaffirms leadership in digital connectivity and innovation at MWC
Globe continues to solidify its position as a leader in digital connectivity and innovation after receiving multiple accolades at the Mobile World Congress (MWC), the world’s premier connectivity event. The telecommunications giant was recognized for its network consistency and advancements in AI enablement, reinforcing its corporate commitment to reliable and cutting-edge services.
