Monday, 2 December 2024
3 days ago
Consunji’s Cemex PH avoids delisting, keeps ownership rule compliance after buyout deal
By: Miguel R. Camus
The Consunji Group completed its buyout offer to stockholders of Cemex Holdings Philippines, with less than 1 percent of minority shareholders selling their shares, ensuring the cement giant remains compliant with public ownership rules and avoids delisting from the Philippine Stock Exchange.
4 days ago
PHINMA returns to the market after 3-decade absence with successful P1-B stock offering
By: Miguel R. Camus
The Del Rosario family-led PHINMA Corp. completed its first public share sale in nearly three decades, raising P1 billion through a successful stock rights offering on the Philippine Stock Exchange.
6 days ago
Not just DigiPlus: Tanco on a roll as STI schools post 1,200% Q3 earnings spike
STI Education Systems Holdings Inc., the Philippines' largest private school network, reported a 1,233-percent surge in net income to P263.2 million for the third quarter of this year in a disclosure to the Philippine Stock Exchange on Monday, Nov. 25, 2024.
7 days ago
Cebu Pacific makes PH history with soaring ad campaign on the iconic Burj Khalifa
By: Miguel R. Camus
Cebu Pacific unveiled its boldest statement yet on the world’s largest billboard.
20 Nov 2024
11:29AM
Sy's BDO set to complete P7-B Podium Complex deal, takeover on Dec. 1
The Securities and Exchange Commission has approved the merger of BDO Unibank Inc. and its subsidiary, The Podium Complex, Inc., effective Dec. 1, 2024.
19 Nov 2024
2:59PM
Lester Yu's Fruitas expands portfolio with Mang Bok’s takeover
By: Miguel R. Camus
Food kiosk king Lester Yu’s Fruitas Holdings Inc. is taking over the two-decade-old Mang Bok’s roast chicken chain, marking the group’s entry into a new business segment.
12 Nov 2024
11:33AM
Lucio Co buys PH retailer of Hoegaarden, Stella Artois premium beers
By: Miguel R. Camus
Tycoon Lucio Co’s The Keepers Holdings, the country’s largest liquor importer and distributor, is taking over leading online drinks retailer Booze Online, adding another key prize to its portfolio.
6 Nov 2024
8:52AM
Jollibee takes full ownership, management of Michelin-rated Tim Ho Wan in global expansion move
Tycoon Tony Tan Caktiong’s Jollibee Foods Corp. (JFC) is taking over the management of the Michelin-rated Tim Ho Wan Group, which the fast food giant already controlled.
30 Oct 2024
1:21PM
Cebu Pacific pioneers direct Manila-Chiang Mai flights, expanding travel opportunities
Gokongwei-led airline giant Cebu Pacific launched its direct Manila-Chiang Mai flights on Oct. 29, becoming the only Philippine airline to offer this route.
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