Philippines (National)
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Vg Cabuag's coverage primarily focuses on legal and compliance, business & industry, and real estate. The articles he covers are largely announcements, press releases, and expert commentary related to businesses, investments, companies' activities, SEC (Securities and Exchange Commission), and the real estate industry.
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Mynt Inc., the parent company of the group behind the GCash app, said it has filed its registration statement with the Securities and Exchange Commission (SEC) for its planned initial public offering (IPO) from which it hopes to raise as much as P92.3 billion. Sources from the SEC, however, said…
Tuna canner Century Pacific Food Inc. (CNPF) said it is sticking to its capital expenditure (capex) guidance of as much as P9 billion this year, citing growing demand for its products. The company said it still expects to post double-digit growth this year despite geopolitical issues, such as the war…
Real estate developer Century Properties Group Inc. (CPG) on Tuesday said it enrolled its P3 billion, 5-year fixed-rate corporate notes with the Philippine Dealing and Exchange Corp. (PDEx). The peso-denominated notes were issued to qualified buyers and are exempt from registration with the Securities and Exchange Commission. The company said…
BROKENSHIRE Medical Center has launched the BMC Heart Institute, a full-spectrum cardiovascular care facility in Davao. The BMC Heart Institute is the latest milestone in AppleOne Medical Group’s expansion of regional healthcare. “Our goal has always been to elevate the standard of living in Visayas and Mindanao (VisMin) through the…
The Philippine Stock Exchange Inc. (PSE) elected two new independent directors and one new regular director to its board during its annual stockholders’ meeting over the weekend. The two new independent directors are Jikyeong Kang and Niek Johan van Veen, while Lorenzo Andres T. Roxas has been elected as a…
Robinsons Retail Holdings Inc. (RRHI) is set to be delisted from the Philippine Stock Exchange (PSE) as members of the Gokongwei family have almost completed their tender offer. JE Holdings Inc., the buyer of the shares, has acquired some 229.58 million common shares of of RRHI, representing 21.54 percent of…
Ayala Healthcare Holdings Inc. (AC Health) said it is within striking distance of its target to build 20 multi-specialty clinics in the country before yearend after it opened its flagship facility in One Ayala in Makati City. The wholly owned subsidiary of conglomerate Ayala Corp. said it will open another…
Ayala Healthcare Holdings Inc. (AC Health) said it is aiming to open three to five clinics per year possibly in shopping malls and commercial centers and is keen on acquiring a level 2 hospital. Rafael Jaime Recio, AC Health chief strategy and investment officer, said the expansion of its clinic…
SM Prime Holdings Inc. on Thursday said it is expanding its China portfolio with the opening of the company’s first hotel in Xiamen City as the world’s second-largest economy trains its sights on enticing more foreign visitors. The company opened last month its hotel dubbed voco Xiamen SM City, a…
Shopping mall operator SM Prime Holdings Inc. is further expanding SM Xiamen City in China, its first development outside the Philippines, with a new commercial concept and is planning to operate beyond mall hours. The company said it will open its P1.5-billion Chao Block, which is an extension of existing…
