Tuesday, May 19, 2026
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Tag: shares

Petron gets shareholder approval to raise P20b

Oil refiner Petron Corp. said Tuesday majority of its shareholders approved the issuance of preferred shares worth P20 billion. “The company announces that it has...

LWRC selling 1.2b shares to raise P4.38b

Leisure & Resorts World Corp. is raising as much as P4.38 billion from the issuance of 1.2 billion common shares to six new investors...

Nickel Asia buying back P1.5b worth of shares

Nickel Asia Corp., the largest nickel producer, approved a share buyback program worth up to P1.5 billion to boost shareholder value. Nickel Asia said in...

Dennis Uy buys P4-b shares in PXP Energy

Davao City-based businessman Dennis Uy is infusing more than P4 billion, representing a 14.8-percent stake, in oil and gas exploration company PXP Energy Corp. PXP...

Melco maintains offer to buy out minority for P11b

Melco Resorts & Entertainment Philippines Inc. said majority shareholder MCO Philippines is keeping a buyout offer of P7.25 per share to minority shareholders. MCO Philippines...

Melco drops plant to delist shares from stock market

Casino operator Melco Resorts and Entertainment (Philippines) Corp. withdrew its bid to delist the company’s shares from the Philippine Stock Exchange but will proceed...

Landing’s tycoon head missing as shares plummet

HONG KONG—Shares in an Asian casino operator plunged in Hong Kong on Friday as it said its tycoon head had gone missing, the latest...

Tiger Resort plans to list shares in PH by next year

Japanese gaming conglomerate Universal Entertainment Corp. is preparing to list the shares of its Philippine gaming and leisure unit Tiger Resort Leisure & Entertainment...

Del Monte raises $100m from sale of shares

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PhilWeb tender offer snubbed

All minority shareholders of PhilWeb Corp. snubbed the tender offer of the company’s new majority shareholders led by businessman Gregorio Araneta III because of...

Pangilinan hikes First Pacific stake

Businessman Manuel Pangilinan is raising his stake in Hong Kong-based conglomerate First Pacific Co. Ltd. as the group is expected to post a turnaround...

Ongpin completes divestment

Businessman Roberto Ongpin on Friday completed his divestment from PhilWeb Corp., a gaming company listed in the stock exchange. PhilWeb said in a disclosure to...

EastWest plans to sell 20% stake

By Jonathan Browning and Joyce Koh East West Banking Corp., the Philippine lender that took over some of Standard Chartered Plc’s local operations last year,...

Emperador to buy back P5b worth of shares

Emperador Inc., the liquor unit of tycoon Andrew Tan, is embarking on a P5-billion two-year share buyback program as the company expects to miss...
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