Corporate

No shares tendered as Coal Asia pushes water pivot

Coal Asia Holdings Inc. reported that no minority shareholder tendered shares during its recent tender offer period, clearing the way for its planned transformation into a water utilities company without additional buyouts.

SM Investment Corp. weighs exit from mining, plans to sell Atlas stake

SM Investments Corp. (SMIC) is considering selling its 30 percent stake in Atlas Consolidated Mining and Development Corp., marking a possible exit from the mining sector.

SEC files market manipulation case vs Villar Land; DOJ launches probe

Villar Land Holdings Corp. said Monday that it and several of its directors have been formally notified by the Department of Justice over a complaint filed by the Securities and Exchange Commission alleging market manipulation.

Globe Telecom raises P25B in oversubscribed preferred share sale

Globe Telecom has raised P25 billion from an oversubscribed offering of non-voting perpetual preferred shares, strengthening its balance sheet and funding network expansion.

PXP Energy reports wider net loss as production and prices fall 

Philippine oil exploration firm PXP Energy Corp. saw its core net loss widen to P50.2 million in 2025, up 50.8 percentfrom P33.3 million in 2024, the company disclosed to the Philippine Stock Exchange on Monday.

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