Corporate

Coal Asia cuts share par value to P0.10 to boost liquidity

Coal Asia Holdings Corp. said Monday its directors approved an amendment to its articles of incorporation to reduce the par value of its shares to P0.10 from the current P1.

Filinvest Development to dissolve crowdfunding platform Investree PH

Filinvest Development Corp., the investment holding company of the Gotianun Group, said it will dissolve its venture Investree Philippines, seeking regulatory approval to shorten the corporate life of the country’s first licensed crowdfunding platform by September next year.

AllDay Supermarket reports double-digit growth in 1Q despite challenging environment

AllDay Supermarket, the supermarket operator of the Villar Group, said Friday net income in the first quarter rose 10 percent to P97 million, helped by the opening of new minimarts and enhanced product offerings.  

Alsons Consolidated raises P516.7 million from debt paper issue for working capital

Alsons Consolidated Resources Inc., the investment holding company of the Alcantara Group, said Friday it has raised P516.7 million through the issuance of debt papers that represent the fourth tranche of its P3 billion commercial paper program with the Philippine Dealing and Exchange Corp.

EEI signs P1.79 billion tollway contract with Metro Pacific Tollways, unit CIC

EEI Corp., a leading construction group, said Friday it recently signed a P1.79 billion project contract with Cavitex Infrastructure Corp. for the construction of...

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