Corporate

Cebu Landmasters seeks to raise P5 billion via preferred shares follow-on offer

Cebu Landmasters Inc., a listed property developer whose home market is the Visayas and Mindanao, said Thursday it is seeking regulatory approval for a plan to raise as much as P5 billion through the sale of series A preferred shares.

Pagcor set to launch its own internet gaming platform

State-owned Philippine Amusement and Gaming Corp. (PAGCOR) targets to launch its own internet gaming platform in the latter part of the year in a move to be at pace with the fast-growing revenue source.

Pangilinan in no hurry finding PLDT’s new chief executive

PLDT Inc. is confident of finding a new chief executive before the end of the year.

Starbucks admits mistake placing cap on senior citizens, PWD, solo parents discounts

The local licensee of coffee shop Starbucks has acknowledged its “mistake” in placing a cap on the 20 percent discount that senior citizens and persons with disability are legally entitled to, and immediately ordered the removal of the “erroneous signages.”

CREC set for early March IPO seen generating P12 billion

Securities regulators have green lighted Citicore Renewable Energy Corp.'s bid to raise more or less P12 billion in an initial public offering (IPO) set in March this year.  

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