Corporate

Petron seeks to raise P30B from preferred shares offer in May

Petron Corp. said Monday it filed with the Securities and Exchange Commission for the shelf registration and offer and sale in the Philippines of up to 50,000,000 preferred shares, which could raise for the country’s largest oil company a total P50 billion. 

Max’s earnings rise to all-time high on pandemic strategies

Max’s Group  Inc., the largest casual dining restaurant group in the country, said Monday that net income last year increased 38 percent year-on-year to an...

LT Group income expands 24% in 2022

LT Group Inc., the holding firm of tycoon Lucio Tan, reported attributable income last year growing 24 percent to P25.14 billion from previous year’s P20.25 billion, partly as a result of the elimination of gains from the transfer of assets. 

Philex latest Padcal reserves estimate suggest mine operation till 2027

Philex Mining Corp., the Philippines’ largest copper and gold miner, said Friday the latest mineral reserve estimate in its Padcal mine showed total proved...

Home Credit Philippines sanguine on expanding customer base to 10M

Although officials acknowledge the rising interest rate environment is a tough challenge, consumer finance provider Home Credit Philippines is confident of adding some 70,000 more clients this year and lift its customer base to 10 million from or less 9.3 million at the moment.

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