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Philippines
Thursday, November 21, 2024

Jenniffer B. Austria

Filinvest REIT plans to double leasing assets in 2 years

Filinvest REIT Corp. (FILRT), the real estate investment trust of the Filinvest Group, plans to double its 330,000 square meter leasing portfolio over the...

EEI eyes P2b from preferred share offering

EEI Corp., a listed construction firm, said Wednesday it plans to raise P2 billion from the issuance of preferred shares via a private placement. EEI...

Stocks rise on rate cut hopes, peso falls to 58.91 a dollar

Philippine stocks rallied for a fourth straight trading day, sending the benchmark index above the 6,900 level as reassurance from the Bangko Sentral ng...

Bargain-hunting lifts stock index above 6,800 level

Philippine stocks returned to the 6,800 level, as the market rose for the third straight trading day on continued bargain-hunting and bottom-fishing activities. The bellwether...

DoubleDragon shortens bond offering period

DoubleDragon Corp. said Tuesday it shortened the offer period for its planned P10-billion retail bond sale amid strong demand from investors. The company said in...

Fruitas acquires 60% stake in Mang Bok’s

Fruitas Holdings Inc., a leading food cart operator, diversified into roasted chicken market with the acquisition of a controlling stake in a company that...

Top Line postpones planned P3.2-b IPO amid volatile market conditions

Top Line Business Development Corp., a Cebu-based fuel retailer, postponed its planned P3.2-billion initial public offering to first quarter of 2025 amid volatile market...

DITO CME eyes P2.05b from shares offering

DITO CME Holdings Corp., the telecom company led by businessman Dennis Uy, expects to raise P2.05 billion from its planned shares offering after setting...

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