Corporate
SFA Semicon readies tender offer for 204.9 million SFA Philippines shares in Oct
South Korea’s SFA Semicon Co. Ltd. will make a tender offer for stocks of its unit, SFA Semicon Philippines Corp., that it doesn’t own to pave the way for the voluntary delisting of the semiconductor company on the Philippine Stock Exchange.
SEC rolls out incentive program for delinquent firms
The Securities and Exchange Commission (SEC) has rolled out an incentive program for tardy corporations looking to restore their good standing.
Malaysian electronics manufacturer opts to locate in Ayala-owned Batangas property
VS Industry Berhad, the Philippine unit of Malaysian electronics manufacturing services provider, has leased 52,700 square meters of space at ALogis Santo Tomas in Batangas, marking the company's first operational address in the Philippines.
BOC seizes P5.5 billion smuggled cigarettes, devices
The Bureau of Customs-Customs Intelligence and Investigation Service (BOC-CIIS) said over the weekend it seized P5.5 billion worth of illegally imported cigarettes and counterfeit items in a warehouse in Bulacan.
EEI board appoints new CFO, other managers in continuing reorganization
More than a year since House of Investments sold a substantial stake in EEI Corp., the new owners appear yet-to-complete the reorganization of the listed construction company.
