Corporate
Petron eyes P17 billion from new offer of preferred shares
Petron Corp., the country’s largest oil company and unit of San Miguel Corp., said Monday it filed with regulators an application to raise as much as P17 billion from the sale of 17 million Series 4 preferred shares.
GT Capital names George Uy-Tioco as new chief financial officer
GT Capital Holdings Inc., the listed investment holding company of the Ty Group, said Monday George S. Uy-Tioco Jr. has been appointed as its new chief financial officer.
Citicore, SMC Global in a 153.5MW solar farm joint venture
Citicore Renewable Energy Corp. said it formed a joint venture company with SMC Global Light and Power Corp. that will develop, construct, and operate a153.5 megaWatt solar power farm in Mariveles, Bataan.
MVP picks Rubio as MGen president and CEO
Manila Electric Co. subsidiary, Meralco PowerGen Corp. (MGen) has appointed Emmanuel Rubio as its new president and chief executive officer starting the first day of July.
Discount store DALI projects reporting profits in five years
Hard Discount Philippines Inc., operator of discount store DALI Everyday, posted losses amounting to P1.88 billion in 2023, more than double the losses it reported the previous year of P894.68 million.
