Corporate
Ayala pares down stake in Manila Water
Ayala Corp. on Wednesday sold some of its shares in Manila Water Co. Inc. that left it with 23.5 percent voting rights and an effective 22.5 percent economic stake in the East zone water concessionaire.
Big-name groups confront SEC over sharply higher fees and penalties
The howl raised by the various business and trade organizations over significantly higher fees and charges at the Securities and Exchange Commission has forced the watchdog agency to schedule a roundtable discussion with its constituents.
DMCI lifts total cash dividend payout for 20243 to P19.1B
DMCI Holdings, Inc., a listed construction group, said Wednesday its board approved a special cash dividend of P0.72 per share for its shareholders on record as of 24 October.
Central Azucarera de Tarlac unit selling 200-hectares to Aboitiz Group
Listed sugar mill Central Azucarera de Tarlac, Inc. said Wednesday its board has approved the proposed sale of a 200-hectare property by its wholly-owned subsidiary Luisita Land Corp.
Semirara sets P14.88B special cash dividend
Listed energy and mining firm Semirara Mining and Power Corp. said Tuesday its board approved the declaration of special cash dividends that total P14.88 billion.
