Corporate

MPIC tender offer hits 97%

The consortium taking conglomerate Metro Pacific Investments Corp. back to private hands has bought more than 97 of the company’s total issued and outstanding shares, enough for its delisting at the Philippine Stock Exchange. 

Century Pacific expects steady growth for unMeat, adds Australia as market

Century Pacific Food Inc. continues to expand its plant-based alternative meat products foot print by securing a deal that makes its “unMeat” brand available in Australia’s largest super market chain Woolworths and making available additional lines in U.S. supermarket chain Walmart.

Greenergy raises subscription in wholly-owned unit

Greenergy Holdings Inc. is raising its subscription in the capital shares of wholly-owned unit Winsun Green Ventures Inc. from P20 million to P500 million. 

Israeli technology supplies enough water for 20,000 Mactan households

Isla Mactan-Cordova Corp., a unit of publicly-listed Vivant Corp., on Wednesday projected completing the country’s first utility-scale seawater desalination plant in Cordova, Mactan in Cebu by year's end. 
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St. Agustine updating feasibility study on King-king gold-copper mine project

St. Agustine Gold & Copper Ltd. is reviewing its project feasibility study for the King-king project in Compostela Valley, hopeful the multi-billion dollar open-pit mining venture could attract additional investments and finally take off the ground amid increasing demand for gold and copper. 

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