Corporate

Fruitas raises P20 million from sale of preferred shares to directors

Fruitas Holdings Inc. said its board has approved the issuance of 2 billion unlisted preferred shares to Lush Properties Inc., a company owned by two of the listed food and beverage company’s directors and officers.

This curious annual phenomenon known as the ghost month

BDO Securities Corp., the stock brokerage arm of BDO Unibank Inc., encourages investors to make investment decisions based on sound assessment of market conditions rather than on superstitions such as the Ghost Month popular among the Chinese.

LMG aborts finely crafted fintech transaction

Listed firm LMG Corp. has terminated a transaction that would have allowed the backdoor listing of Maxwealth Inifinity Holdings Corp., one of the country's largest financial technology company. 

Britain in talks with Tata Steel over $630 million aid package -Sky News

The British government is in advanced talks with Tata Steel, the country's biggest steel producer, to provide 500 million pounds ($629 million) of funding to help secure the long-term future of a key part of its steel industry, Sky News reported on Saturday.

PSE hosting financial literacy webinars with Gcash, AB Capital

The Philippine Stock Exchange Inc. is hosting a series of free financial literacy webinars with GCash and partner trading participant AB Capital Securities Inc. 

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