Tag: IPO

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Distributor shifts from importer to manufacturer with new Batangas facility

Fly Ace Corp., long known as a distributor of imported food brands in the Philippines, is building a seven-hectare production facility at the LIMA Estate in Batangas. The project marks a major shift in the company’s strategy—from mainly importing and distributing goods to becoming a local manufacturer.

Telco unveils rewards program, turns points into daily essentials

Globe Telecom has unveiled its 2026 Rewards program, underscoring a stronger push to make customer loyalty more meaningful and practical as economic pressures persist.

Jollibee Group, DepEd launch SHS QSR program to boost youth employability

The Jollibee Group has partnered with the Department of Education (DepEd) to co-develop a new Senior High School (SHS) Quick Service Restaurant (QSR) Tech Pro elective under the country’s strengthened SHS curriculum.

DA readies P150-M fuel subsidy as oil nears $80 per barrel; says food supply steady

The Department of Agriculture (DA) said it has set aside P150 million for fuel subsidies if global oil prices average more than $80 per barrel for a month, a trigger meant to cushion farmers, fishers and public transport drivers from rising costs.

Strong IPOs begin long before listing day—Unicapital

As the Philippine initial public offering (IPO) market continues to feel the drag of global headwinds in 2024 and 2025, investor sentiment remains cautious and companies are in no rush to go public. Yet while the pipeline may be quiet, it is far from empty — especially in sectors like infrastructure, healthcare, energy, consumer goods, and tech-enabled services, where growth potential still sparks investor interest.

Globe Fintech stock split fuels GCash IPO speculation

Globe Fintech Innovations Inc., the operator of mobile payments platform GCash, has announced that its board has approved a stock split—widely seen as a potential prelude to a future initial public offering (IPO).

Top Line starts IPO, aims to raise P624.6M for expansion

Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.

Maynilad raising over P43B in proposed IPO

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).

Top Line in advanced talks with strategic investor

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.

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Telco unveils rewards program, turns points into daily essentials

Globe Telecom has unveiled its 2026 Rewards program, underscoring a stronger push to make customer loyalty more meaningful and practical as economic pressures persist.

Jollibee Group, DepEd launch SHS QSR program to boost youth employability

The Jollibee Group has partnered with the Department of Education (DepEd) to co-develop a new Senior High School (SHS) Quick Service Restaurant (QSR) Tech Pro elective under the country’s strengthened SHS curriculum.

DA readies P150-M fuel subsidy as oil nears $80 per barrel; says food supply steady

The Department of Agriculture (DA) said it has set aside P150 million for fuel subsidies if global oil prices average more than $80 per barrel for a month, a trigger meant to cushion farmers, fishers and public transport drivers from rising costs.

HD Hyundai expands $2B Philippine shipyard hub

HD Hyundai Heavy Industries is expanding in the Philippines, executing nearly USD2 billion in maritime projects while expanding its industrial footprint in Subic, a top executive announced at the Philippines–Korea Business Forum.
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