Corporate
BPI cuts bond offer period by a day on strong demand; listing still set 9 August
Bank of the Philippine Islands, the fourth largest bank in the country by assets, said Wednesday it cut short the offer period for its 1.5-year peso-denominated fixed-rate SEED bonds due to strong demand.
Robinsons Retail 1H income rises 12% to P2.64 billion
Gokongwei-led Robinsons Retail Holdings Inc. on Tuesday reported core net earnings in the first half rising 12 percent to P2.64 billion from last year’s P2.36 billion.
Vitarich unveil new initiatives to boost sales, lift profits
Vitarich Corp., a leading poultry integrator and manufacturer of animal feeds and food products listed on the Philippine Stock Exchange, on Tuesday detailed a new strategy, including a major expansion into modern trade channels and e-commerce expected to boost profitability.
Mining firm Marcventures elects Augusto Serafica as new president
Marcventures Holdings Inc., a mining and resource development company, said Tuesday that Augusto Antonio C. Serafica, Jr. has been elected as the new president of the company, marking a significant transition in leadership at the helm of the listed firm.
Vista Land affiliate VLL completes USD300 million senior notes issue
Vista Land & Lifescapes Inc., the property development arm of the Villar Group, said Tuesday its affiliate, VLL International Inc., has completed the issuance of USD300 million senior guaranteed notes due 2029. The notes carry a coupon of 9.375 percent.
