Tag: SEC

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Broker board term limits gain strong backing

Markets Context.ph Context.ph -
Leading Philippine business groups have thrown their weight behind the Securities and Exchange Commission (SEC) proposal to impose term limits on broker directors of securities exchanges, calling it a timely governance reform aimed at bolstering investor confidence and market integrity.

Rockwell Land secures P7B bond approval, projects boosted

Banking & Insurance Context.ph Context.ph -
Rockwell Land Corp., the listed property development arm of the Lopez Group, has secured the green light from the Securities and Exchange Commission for a P7-billion fixed-rate bond offering, with an oversubscription option of up to P3 billion to meet strong investor demand.

SEC rewriting IPO public float playbook

Markets Context.ph Context.ph -
The Securities and Exchange Commission is redrawing the rulebook for companies eyeing a stock market debut, proposing a tiered minimum public ownership (MPO) framework that could make it easier—especially for large firms—to list on the Philippine Stock Exchange.

NOW to appeal SEC ruling, fines

Corporate Context.ph Context.ph -
NOW Corp., a listed company with interests spanning telecommunications, media, and technology, said it will elevate its case to the Court of Appeals after the Securities and Exchange Commission En Banc upheld a finding that the firm disclosed misleading information to the public.

Villar Land urges respect for due process amid SEC raps

Corporate Context.ph Context.ph -
Villar Land Holdings Group, under fire from the Securities and Exchange Commission (SEC) over alleged stock price manipulation, said it has yet to receive a copy of the criminal complaint filed with the Department of Justice and cannot comment further until it does.
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PAL pitches Sydney winter escape as cool alternative to PH summer heat

Travel & Tourism 0
The Philippine Airlines (PAL) is encouraging Filipinos to trade the country’s sweltering temperatures and unpredictable weather for a crisp winter holiday in Sydney through its new “Coolest Summer Ever” campaign.

Courts back SJDM in water service takeover; search for new operator begins

Corporate 0
Two Regional Trial Courts—one in Bulacan and another in Las Piñas—have dismissed separate requests from PrimeWater Infrastructure Corp. for a temporary restraining order and injunction against the San Jose del Monte (SJDM) city government.

AirAsia Philippines faces total shutdown over P271-M unpaid obligations

Transport & Logistics 0
The Civil Aviation Authority of the Philippines (CAAP) has warned AirAsia Philippines that it could be forced to stop all operations if it does not settle outstanding financial dues amounting to P271.94 million.

Back-to-school costs rise for many Filipino families

Education, Health & Science 0
Parents preparing for the opening of classes on June 8 will face higher prices for a significant portion of school supplies, with the Department of Trade and Industry (DTI) reporting that nearly one-third of monitored items cost more than they did a year ago.

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