Udenna completes purchase of 45% Malampaya stake
Udenna Malampaya b3_2020-03-11_18-55-24

Udenna completes purchase of 45% Malampaya stake

Source: https://www.philstar.com/business/2020/03/12/2000009/udenna-completes-purchase-45-malampaya-stake MANILA, Philippines — Davao-based businessman Dennis Uy has completed his acquisition of Chevron’s 45 percent stake in the Malampaya natural gas project in offshore Palawan. With the acquisition, Udenna is now ready to work with the Malampaya joint…

Continue Reading
Fruitas ramps up delivery channel with CocoDelivery acquisition
Fruitas-Holdings-Logo-e1569411404588

Fruitas ramps up delivery channel with CocoDelivery acquisition

Source:  VG Cabuag https://businessmirror.com.ph/2020/03/10/fruitas-ramps-up-delivery-channel-with-cocodelivery-acquisition/ Fruitas Holdings Inc. on Monday said it will acquire CocoDelivery as it ramps up its own delivery channel to serve its fresh products to local consumers. CocoDelivery, initially launched in October 2018, currently delivers fresh coconut…

Continue Reading
BSP orders closure of rural bank in Cagayan
bsplogo

BSP orders closure of rural bank in Cagayan

Source: Lawrence Agcaoili https://www.philstar.com/business/2020/03/02/1997314/bsp-orders-closure-rural-bank-cagayan MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ordered the closure of Cagayan-based Providence Rural Bank Inc., the first bank to be closed this year, as part of the regulator’s efforts to weed the…

Continue Reading
Manila Bulletin and Manila Hotel Are Not  For Sale
Manila Hotel Manila Bulletin

Manila Bulletin and Manila Hotel Are Not For Sale

By PAUL JOHN CAÑA   |   Jan 6, 2020 Source: https://www.esquiremag.ph/money/industry/manila-bulletin-manila-hotel-not-for-sale-a00289-20200106 Heirs of Don Emilio Yap are making it clear that they are not planning to sell off assets of the late tycoon’s business empire.  In a disclosure to the Philippine Stock…

Continue Reading
PHINMA Buys Republican College
Republican College

PHINMA Buys Republican College

December 20, 2019 | 6:52 pm Victor V. Saulon Source: https://www.bworldonline.com/phinma-education-unit-takes-over-republican-college/ PHINMA Corp. said Friday that its education subsidiary acquired a controlling stake in The Republican College, Inc. and made new investments in the acquisition to buy “essential” properties. “The…

Continue Reading
Jollibee Foods to tap debt market for P17.2-B capex
Jollibee

Jollibee Foods to tap debt market for P17.2-B capex

Source: https://businessmirror.com.ph/2019/07/01/jollibee-foods-to-tap-debt-market-for-p17-2-b-capex/ FAST-FOOD giant Jollibee Foods Corp. (JFC) said it will borrow a portion of its P17.2 billion in capital expenditures this year.  Ysmael V. Baysa, the company’s chief finance officer, said most of the time its capex came from…

Continue Reading
PhilWeb buys 3 gaming sites
PhilWeb Logo

PhilWeb buys 3 gaming sites

Source: Arra B. Francia https://www.bworldonline.com/philweb-buys-3-gaming-sites/ PHILWEB Corp. has acquired three gaming sites in exchange for shares in the company and a total of P18 million in cash. In a disclosure to the stock exchange on Tuesday, the listed gaming firm…

Continue Reading
Cebu property developer buys Abaca Resort Mactan
Cebu-landmaster-inc-logo

Cebu property developer buys Abaca Resort Mactan

Source: Bernie Cahiles-Magkilat https://business.mb.com.ph/2019/09/12/cebu-property-developer-buys-abaca-resort-mactan/ The all-suite Abaca Resort Mactan is a luxury property in the Punta Engano area of Mactan island that has received the highest ratings from global travel experts. With a footprint of 4,328 sqm., the property is…

Continue Reading

End of content

No more pages to load

Close Menu