Corporate

SM Prime Holdings Inc., the listed property arm of the SM Group, said its proposed fixed-rate bond has secured a credit rating of PRS Aaa, the highest measure of creditworthiness by Philippine Rating Services Corp.

Figaro Coffee Group Inc. is rebranding to Figaro Culinary Group Inc. after its shareholders approved the change in a bid to align the company’s identity with its expanding product offerings. The move reflects a strategic shift to diversify beyond coffee into a broader range of culinary experiences.

Filinvest Land Inc., the listed  property development arm of the Gotianun Group, has sought the approval of the Securities and Exchange Commission for its public offer of up to P9 billion worth of fixed-rate, peso-denominated retail bonds. 

The Government Service Insurance System (GSIS) celebrated the holiday season with a heartwarming raffle event, awarding a total of P1.5 million to its members and pensioners. During the festive “GSIS Touch and Win” Christmas raffle, 300 winners — 210 active members and 90 pensioners — each received P5,000 in prizes.

First Metro Investment Corp. on Wednesday signed a Deed of Absolute Sale with ATR Financial Holdings, Inc., following MET Holdings Inc.’s execution of an accession agreement transferring its rights to ATR Financial.