Corporate
Concepcion Industrial companies report tripling 4Q-2023 income
Concepcion Industrial Corp., best known for its refrigerators and air conditioning units, reported almost tripling its earnings in the fourth quarter to P177.9 million on the basis of better margins and solid sales performance.
Ovialand defers yet again a proposed P2.2-billion IPO
Property developer Ovialand Inc. has put off yet again plans to raise funds through an initial public offering after having found listed Tokyo-based real estate firm Takara Leben as partner in upcoming development projects.
Manila Water reconnects severed ties with Cebu LGU under new water supply contract
Manila Water Co. Inc. subsidiary Manila Water Philippine Ventures Inc. (MWPV) has signed a new 10-year contract with the Metropolitan Cebu Water District (MCWD to deliver water services at the premier city in the Visayas.
SEC warns against investing in Meta Advertising
The Securities and Exchange Commission has warned against investing in Meta Advertising Co. or Meta Ads Ltd., saying the enterprise sells investment products not registered with the agency.
Manila Water reassessing aborted partnership with Pangasinan LGU
Manila Water Co. Inc. subsidiary, Manila Water Philippine Ventures Inc. (MWPV), has reached out to the provincial government of Pangasinan to revive a concession agreement they mutually agreed to terminate last month.
