Corporate

First Gen Corp., the power generation arm of the Lopez Group, said its definitive agreements with Prime Infrastructure Capital, Inc. (Prime Infra) include change-of-management control provisions that could trigger discounted asset sales, worth a total P23.5 billion, if leadership conditions are not met during a defined period.

Shakey’s Pizza Asia Ventures Inc. (SPAVI) reported audited 2025 results showing continued topline growth despite softer consumer demand in the second half. Systemwide sales reached P24.8 billion, up 14 percent year on year, while revenues rose 11 percent to P16.1 billion.

DigiPlus Interactive Corp., the operator behind online gaming platforms BingoPlus, ArenaPlus, and GameZone, has secured regulatory approval to enter South Africa, marking a major step in its international expansion strategy.

China Banking Corp., one of the banks of the Sy Group, is raising shareholder returns, underscoring resilience amid global uncertainty. Its board has approved P7.5 billion in total cash dividends, equivalent to 27 percent of its P28 billion net income for 2025.

The Securities and Exchange Commission (SEC) has extended the deadline for filing annual financial statements for 2025, following a similar move by the Bureau of Internal Revenue (BIR).