December 8, 2022
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Property

Robinsons Land’s Proposed Bond Issue of up to PhP15.0 Billion Gets Highest Credit Rating

Robinsons Land Corporation (RLC), a leading real estate developer in the Philippines, received the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook from Philippine Rating Services Corporation (PhilRatings) for its proposed bond issuance of up to PhP10.0 billion, with an oversubscription option of up to PhP5.0 billion. This is the first tranche […]

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Mining

Benguet Corporation’s Net Income Continue to Climb

Stakeholders and investors of the Company will be pleased to know that the 2022 financial update shows sustained strong positive result. Financial Standing Pegged at P553 Million, the Consolidated Net Income for the Second Quarter of 2022 is almost doubled at 83% compared to P303 Million for the same period of 2021. By end of […]

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Property

Proposed Change in Name of Suncity Group Holdings Limited (“SGHL”)

Suntrust Resort Holdings, Inc. (SUN) disclosed that SGHL has proposed to change its corporate name from “Suncity Group Holdings Limited” to “LET Group Holdings Limited” , with “L” standing for “Leisure”, “E” for “Entertainment”, and “T” for “Taste”. Based on the disclosure of SGHL, its Board is of the view such proposed change will better […]

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Food, Beverage & Tobacco

Roxaco Land Corporation’s Anya Resort Tagaytay (ART) launches expansion projects

Roxas and Company, Inc.’s (RCI) subsidiary, Roxaco Land Corporation’s Anya Resort Tagaytay (ART) launches expansion projects. Anya Resort Tagaytay broke ground on Block 12, the latest addition to its current 80-room luxury hotel in Tagaytay. The sold out eight-unit expansion coincides with the Resort’s fifth year anniversary and strongly positions the Roxas and Company Inc. […]

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Electricity, Energy, Power & Water

SPNEC final Offer Price of its SRO is Php 1.50 per Rights Share

Stock Rights Offering (SRO) of Solar Philippines Nueva Ecija Corporation (SPNEC) SPNEC informed the Philippine Stock Exchange (PSE) that the final Offer Price of its SRO is Php 1.50 per Rights Share. The Offer Price represents a 14% discount to the 15-day volume-weighted average price of SPNEC’s Common Shares as of August 17, 2022. Solar […]

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Electricity, Energy, Power & Water

ACEN-DBS Green Long-Term Revolver

ACEN announced today that it and its subsidiary, ACEN Australia, and DBS Bank Australia, executed a Common Provisions Agreement and a Facility Agreement for a AUD 100 million green long-term revolving loan facility. The loan will provide capital financing for ACEN’s eligible green assets in Australia as part of its strategic aspiration to grow its […]

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Holding Firms Telecommunications Video

Global Telehealth, Inc. (KonsultaMD) superapp to launch in Q1 2023

Consolidation of PH digital healthcare industry’s largest players to reach more Filipinos, uplift healthcare services KonsultaMD superapp to launch in Q1 2023 The consolidation of the Philippines’ three market-leading digital health apps will help address consumers’ pain points on a greater scale, poised to deliver even more digital solutions to address Filipinos’ health challenges through […]

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Holding Firms Telecommunications

KonsultaMD, HealthNow and AIDE Announce Consolidation

Consolidation of PH digital healthcare industry’s largest players to reach more Filipinos, uplift healthcare services. The consolidation of the Philippines’ three market-leading digital health apps will help address consumers’ pain points on a greater scale, poised to deliver even more digital solutions to address Filipinos’ health challenges through one superapp. The KonsultaMD superapp, a consolidation […]

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Transportation Services

Chelsea Logistics and Infrastructure Holdings Corp. deploys ‘QuickSight’

Chelsea Logistics deploys QuickSight, a business intelligence and analytics tool, to improve customer experience With around 100,000 monthly transactions carried out across its companies, the Chelsea Group deployed a business intelligence and analytics application called “QuickSight” to provide timely customer behavior reports, thereby assisting the Management in making strategic and more proactive business decisions. QuickSight […]

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Other Services

MEDIC – Statement regarding the expiry of the 365 day Lock-up of Two On, Inc. shares

Medilines Distributors Incorporated (MEDIC), one of the leading distributors of medical equipment nationwide, is on track to meet its top and bottom-line targets in 2022. It is also continuing its mission in equipping healthcare facilities nationwide with world class cancer therapy, diagnostic imaging, and dialysis equipment. Two On, Inc., which is also owned by Mr. […]

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