spot_img
29 C
Philippines
Tuesday, April 16, 2024

Corporate

GSIS boosts stake in REIT unit of Gokongwei Group to 8.2%

State-pension fund Government Service Insurance System (GSIS) acquired 8.2-percent stake in RL Commercial REIT Inc. (RCR), the real estate investment trust company owned by the Gokongwei Group. RCR said in a stock exchange filing Tuesday GSIS now owns 877.434 million common shares in the company, or equivalent to 8.18 percent of the company’s total outstanding common shares. RCR’s stock closed at P4.95 Tuesday. GSIS did not say how it acquired the...

AbaCore’s earnings reached P2.4b in 2023

AbaCore Capital Holdings Inc. (ABA), a company with interests in real estate,...

Liquor maker Emperador logged 10.5% profit decline to P8.64b in 2023

Emperador Inc., the global whiskey and brandy firm of billionaire Andrew Tan,...

Shakey’s reported 2023 profit of more than P1b

Restaurant operator Shakey’s Pizza Asia Ventures Inc. said Monday its net income...

LATEST Corporate

LATEST

Robinsons Retail expands, opens 900th drugstore

Robinsons Retail Holdings Inc., the retail holding company of the Gokongwei Group, said Wednesday it continues to expand its drugstore business with the recent...

Figaro Coffee bares expansion program

Figaro Coffee Group Inc. said it expects sales to further accelerate over the next three to five years as the company continues to roll...

Cirtek’s Quintel unit enters Hawaii market

Cirtek Holdings Philippines Corp. said Monday its US-based telecom base station antenna unit entered the Hawaii market. Cirtek said in a disclosure to the stock...

Investree venture obtains SEC license to operate as a crowdfunding platform

The Securities and Exchange Commission granted Investree Philippines Inc.―a joint venture of Filinvest Development Corp. and Investree Singapore Pte. Ltd.―a permanent license to operate...

PRINT EDITION

ADVERTISEMENT

spot_img