Corporate
San Miguel ready to redeem all P30B series I bond if bondholders decide to fully exercise put option
San Miguel Corp., a diversified company with interest in manufacturing, infrastructure development and power, among others, said it is ready to redeem all or parts of the P30 billion in fixed-rate bonds it issued in 2021 should bondholders exercise their put options.
SMPC declares regular, special cash dividends; eligible shareholders to receive P3.50/share
In a special meeting held today, the board of directors of Semirara Mining and Power Corporation approved a regular cash dividend of P1.50 per share and a special cash dividend of P2.00 per share, which amounts to P3.50 per share.
China-funded Kaliwa Dam now 30 percent complete
The construction of the Kaliwa Dam in the provinces of Rizal and Quezon is now 30 percent complete, according to the Metropolitan Waterworks and Sewerage System (MWSS).
Jollibee taps former Starbucks executive as Smashburger CEO
Jollibee Foods Corp. has appointed former Starbucks executive Denise Nelsen as Smashburger chief executive officer.
Higher electricity prices, interest income buoy First Gen income in 2023
First Gen Corp., the listed clean and renewable energy company of the Lopez Group, said Thursday its net income last year rose 4 percent to P15.4 billion on the back of higher electricity prices and better interest income on internally-generated cash.
