Coal Asia Holdings Inc. reported that no minority shareholder tendered shares during its recent tender offer period, clearing the way for its planned transformation into a water utilities company without additional buyouts.
Asian Terminals Inc. (ATI) has filed a petition with the Philippine Stock Exchange (PSE) to voluntarily delist its shares, setting April 3 as the target exit date, following a strategic investment by the country’s sovereign wealth fund.
Dominion Holdings Inc. (DHI) is heading toward a possible ownership reshuffle after the company disclosed that Monte Sur Equity Holdings Inc. intends to launch a tender offer for all remaining DHI shares held by the public.
PhilWeb Corp. is set for a change in control after its principal shareholder, Gregorio Araneta Inc. (GAINC), agreed to sell its entire 57 percent stake to two domestic holding firms, a deal that will trigger a mandatory tender offer to minority shareholders.
Kepwealth Inc. said it has completed the tender offer for all the outstanding shares of Keppel Philippines Holdings Inc. as part of its plan delist the company Philippine Stock Exchange.
The Mines and Geosciences Bureau (MGB) forecasts a favorable 2026 for the mining sector, driven by strong global demand for energy transition minerals and steady commodity prices.
Discovery Capital Finance Corp. has secured a credit facility with Union Bank of the Philippines, part of the Aboitiz group, to speed up its expansion across the country.
East West Banking Corp. is set to grow its priority banking network and services, following a 40 percent rise in assets under management to P120 billion last year. CEO Jerry G. Ngo announced the bank will increase priority banking branches nationwide from 13 to 20 in the coming years.