Corporate

Big-name groups confront SEC over sharply higher fees and penalties

The howl raised by the various business and trade organizations over significantly higher fees and charges at the Securities and Exchange Commission has forced the watchdog agency to schedule a roundtable discussion with its constituents.

DMCI lifts total cash dividend payout for 20243 to P19.1B

DMCI Holdings, Inc., a listed construction group, said Wednesday its board approved a special cash dividend of P0.72 per share for its shareholders on record as of 24 October.

Central Azucarera de Tarlac unit selling 200-hectares to Aboitiz Group

Listed sugar mill Central Azucarera de Tarlac, Inc. said Wednesday its board has approved the proposed sale of a 200-hectare property by its wholly-owned subsidiary Luisita Land Corp.

Semirara sets P14.88B special cash dividend

Listed energy and mining firm Semirara Mining and Power Corp. said Tuesday its board approved the declaration of special cash dividends that total P14.88 billion.

Po, Gokongwei families buy out Singapore wealth fund in Shakey’s

The Po and Gokongwei families jointly owning Shakey’s Pizza Asia Ventures Inc. on Monday acquired the entire shareholdings of the Singaporean sovereign wealth fund GIC Pvt Ltd. 

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