Corporate
Puregold sets P2.79B cash divequal to 30% of 2022 core profit
Puregold Price Club Inc. said Tuesday it has declared a cash dividend that total P2.79 billion for shareholders on record Dec. 27.
Boeing deepens strategy cuts as operations take center-stage – sources
Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said.
Ayala Health acquires control of Mercado Hospital
The Ayala Healthcare Holdings Inc. has increased its shareholding in Healthway QualiMed Health Network or the Mercado General Hospital Inc. to 94 percent, signifying its commitment to investing in healthcare in the Philippines.
SEC approves Angeles Electric direct share sale
The Securities and Exchange Commission has approved a direct sale of Angeles Electric Corp. shares whose proceeds could hit as much as P708 million.
EEI to diversify into civil works projects in Saudi Arabia
Construction firm EEI Corp. is diversifying into civil works in Saudi Arabia where it is constructing a gigantic city called Neom.
