Corporate

Arthaland launches P3B fund-raising via preferred shares sale

Arthaland Corp., a listed boutique real estate developer, on Monday launched a fundraising exercise that aims to raise P3 billion from the sale of preferred shares.

Wilcon income plummets 22% amid soft demand

Wilcon Depot Inc. on Monday reported a 22 percent decline in net income in the first nine months this year, dropping to ₱2.11 billion from ₱2.72 billion last year, driven by sluggish demand for home improvement products.

Megawide: Citicore to acquire 16M preferred shares

Megawide Construction Corp. said its board approved an increase in its preferred shares to facilitate the entry of Citicore Holdings Investment Corp.

Tanduay sells stake in Negros distillery Asian Alcohol Corp.

Tanduay Distillers, Inc., the liquor and spirits arm of the Lucio Tan Group, said it divested itself of Asian Alcohol Corp., the second largest distillery in the Philippines located in Negros Occidental.

Robinsons Retail posts strong 3Q performance

Robinsons Retail Holdings, Inc., a listed member of the Gokongwei Group, said Friday net profit in the third quarter jumped 29 percent year-on-year to...

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