Tag: Top Line

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SEC clears Top Line’s 150M preferred shares shelf registration

Securities and Exchange Commission has cleared the way for Top Line Business Development Corp., a listed petroleum products distribution and retail company, to tap the capital markets, favorably considering its amended registration statement for a multi-tranche preferred share issuance.

Visayas roots, Singapore routes: Top Line redraws its map

Singapore is no longer just a distant dot on Top Line Business Development Corp.’s growth chart. It has become a very literal marker of how far the company has travelled in 12 years, from a Visayas-based real estate developer to an emerging energy player now thinking in global supply routes.

Top Line eyes P1.5B share offer to fund expansion

Top Line Business Development Corp. is stepping up its expansion drive while tapping capital markets, filing with the Securities and Exchange Commission for a follow-on offering of up to P1.5 billion in perpetual preferred shares.

Top Line posts record 2025 on retail push

Listed fuel distributor and retailer Top Line Business Development Corp. (TOP) delivered record financial results in 2025, underscoring the gains from its vertically integrated model and aggressive retail push.

Top Line reclassifies 800M shore for funding flexibility

Top Line Business Development Corp. said its board of directors has approved the reclassification of 800 million unissued common shares into preferred shares, both with a par value of P0.10 per share.

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Marcos says Philippines ‘will not yield’ on West Philippine Sea

President Ferdinand Marcos Jr. delivered one of the strongest foreign policy messages of his administration on Monday, declaring that the Philippines "will not yield" in defending its sovereignty and reaffirming the country's commitment to the landmark 2016 Arbitral Award on the West Philippine Sea.

PCCI urges customs reforms to ease NAIA cargo bottlenecks 

The Philippine Chamber of Commerce and Industry (PCCI) is pushing a series of customs reforms to unclog cargo operations at Ninoy Aquino International Airport (NAIA), warning that persistent delays threaten one of the country's biggest export engines—the semiconductor and electronics industry.

Marcos seeks tax cuts for workers, middle class, MSMEs

President Ferdinand Marcos Jr. on Monday asked Congress to approve a sweeping package of tax relief measures for middle-income earners, workers and small businesses, signaling a shift toward policies aimed at boosting household spending and encouraging business expansion.

T-bill yields ease on strong demand overwhelms market

Treasury bill yields drifted lower at Monday’s auction, pressured by steady demand for shorter-dated debt paper.

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