Corporate
Filinvest REIT net profit declines in 2023 to P1.28 billion
Filinvest REIT Corp., the listed real estate investment trust of the Gotianun Group, said Tuesday unaudited net income last year slipped to P1.28 billion from P1.31 billion in 2022 as rental and other revenues slipped to P3.0 billion.
A Brown raises P1.44B from sale of preferred shares to fund real estate projects
A Brown Co. Inc. said Monday its raised from the follow-on offering of preferred shares at total P1.44 billion, the largest capital-raising exercise of the listed company that holds investments in property development, agribusiness, utilities, and power generation.
Metrobank plans USD500 million bond offer to diversify funding sources
Metropolitan Bank & Trust Co., the Philippines’ third largest lender by assets, is looking to raise USD500 million, with an option to upsize the...
Nickel Asia ends mining service deal with Hallmark Mining, Austral-Asia Link
Nickel Asia Corp., a listed mining company, said Monday it ended a deal to be exclusive mining service contractor of Hallmark Mining Corp. and...
SEC streamlines registration process for power companies seeking IPOs
The Securities and Exchange Commission has simplified the registration process for power generation and distribution utilities firms seeking fresh funds through the public offering...
