West Zone Maynilad Water Services Inc. announced plans to raise up to P43.78 billion in an initial public offering (IPO) at the Philippine Stock Exchange (PSE).
Cebu-based Top Line Business Development Corp. is in advanced discussions with a strategic investor ahead of its upcoming initial public offering (IPO) and listing on the Philippine Stock Exchange (PSE) in early April. The company aims to raise some ₱764 million from the sale of up to 2.14 billion primary shares, priced at an indicative ₱0.38 per share.
Upson International Corp., a retailer of personal computers and information technology products, has secured the approval of the Philippine Stock Exchange (PSE) for its P4.88 billion initial public offering.
The Securities and Exchange Commission (SEC) has released proposed changes to the rules governing real estate investment trusts (REITs), aiming to widen the types of real estate assets that can generate income for REIT portfolios and give companies more flexibility in how they operate.
The Department of Public Works and Highways (DPWH) says the government could earn more than ₱100 million from auctioning luxury vehicles seized from contractors Curlee and Sarah Discaya, who are linked to irregularities in flood-control projects.
The Energy Regulatory Commission (ERC) has rejected proposals to increase its number of commissioners from five to nine, saying the move would not solve the agency’s current challenges.
The Department of Agriculture (DA) on Thursday confirmed that African swine fever (ASF) cases in the Philippines remain low, despite an isolated detection in Quezon City.