Corporate
MPTC raises ₱20 billion from oversubscribed bond sale
Metro Pacific Tollways Corp. (MPTC) has raised ₱20 billion from its first public bond issuance, which was more than three times oversubscribed from its ₱15-billion base offer. The company will use the funds to support ongoing and future tollway projects, make new investments, and reduce existing debt.
MPIC unit acquires coconut processor Franklin Baker
Metro Pacific Coconut Holdings Corp. (MPCH), a subsidiary of Metro Pacific Investments Corporation (MPIC), has finalized its acquisition of Franklin Baker Company of the Philippines, one of the country’s oldest and largest coconut processors.
Manila Water, Rockwell launch EcoSpark sustainability program
Manila Water has partnered with Rockwell Property Management Corporation (RPMC) and Rockwell Workspaces to launch EcoSpark, a new initiative promoting environmental sustainability.
PH firms make Fortune’s First ‘Asia 100 Best Companies to Work For’ list
A Vietnamese subsidiary of Jollibee Foods Corp., Highlands Coffee, ranked ninth in Fortune Magazine’s inaugural Asia 100 Best Companies to Work For in Southeast Asia. Six Philippine companies also made the list.
Unicapital appoints former DOF undersecretary as managing director
Unicapital Inc. has named former Finance Undersecretary Karen Singson as its new managing director.
