Tag: Tender Offer

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Monte Sur moves to mop up Dominion shares

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 control sale triggers tender offer

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 completes tender on Keppel Holdings shares

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.

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From vacation home to thriving staycation spot: One woman’s journey in Puerto Galera

In the island destination of Puerto Galera, a simple vacation house has grown into a welcoming retreat for travelers—thanks to the determination of business owner Carmen Kanematsu.

FDC Green solar project cleared for operations

DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.

Globe trims hybrid debt, strengthens balance sheet

Globe Telecom Inc. has completed a significant step in its capital management strategy after concluding a tender offer for its USD600 million 4.2 percent Senior Perpetual Capital Securities, resulting in the repurchase of a large portion of the outstanding debt instrument.

DA centralizes farm reform programs under single office

The Department of Agriculture (DA) has created a single project management office (PMO) to oversee two major reform programs funded by the World Bank. The move aims to improve coordination, speed up implementation, and strengthen oversight.

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