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.
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 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.
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 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.
Fuel prices are poised for another sharp hike this Tuesday following a brief rollback last week, driven by escalating tensions in the Middle East and global supply constraints, a top industry official confirmed Sunday.
East West Banking Corp., led by the Gotianun family, has set the price range for its stock rights offering at P10.80 to P11.05 per share, with a par value of P10 each. The bank targets to raise around P9 billion through the offer, which will be listed on the Philippine Stock Exchange.
The Philippine Airlines (PAL) has updated its FurPAL program to let small cats travel alongside dogs inside the aircraft cabin on every domestic flight, giving Filipino pet owners more flexibility when planning trips.