Tag: Cebu Landmasters Inc.

The Securities and Exchange Commission has cleared the registration of Tubig Pilipinas Holdings Inc.’s follow-on offering of up to 15.7 billion primary common shares, which could raise as much as P1.59 billion for water supply and wastewater projects, with the offer price set at a substantial premium to the company's net tangible book value.

Petron Corp. remained profitable in the first nine months of 2026, but net income fell 44 percent to P5.4 billion as higher crude costs, freight, and import premiums squeezed margins amid a volatile oil market.

The Land Transportation Franchising and Regulatory Board (LTFRB) is investigating one of the country’s motorcycle taxi platform operators accused of enrolling more riders in its system than the government has approved. In an official statement, the agency confirmed that legal proceedings are ongoing, which limits what additional details it can share about the case.

Alternergy Holdings Corp. has started generating electricity from its 64-megawatt Alabat Wind Farm in Quezon Province, bringing the project closer to commercial operations and giving the renewable energy developer an early revenue stream ahead of full commissioning.