Philippines AirAsia Eyes IPO in 2017
MANILA, Philippines – AirAsia, the world’s low-cost carrier, plans the initial public offering (IPO) for its local subsidiary in Asia, Philippines AirAsia, Inc., next year at a higher than expected value...
D.M. Wenceslao Withdraws IPO
MANILA, Philippines – D.M. Wenceslao & Associates, Inc. is withdrawing its initial public offering (IPO) plan further, following its resolution of pushing projects’ realization through a resistant path in the midst...
SEC Approves Shakey’s P5.5B IPO
MANILA, Philippines – Shakey’s Pizza Asia Ventures Inc. (SPAVI) receives the approval of the Securities and Exchange Commission (SEC) of the Philippines for its initial public offering (IPO) worth P5.5 billion.
The...
Wilcon Builders Plans P6B IPO for Fundraising
MANILA, Philippines – Wilcon Builders, one of the country’s retailers of construction materials and hardware, plans to build a P6 billion initial public offering (IPO).
Industry sources stated that the main goal...
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DNL Industries Sees Ban on Single-Use Plastics as an Opportunity
DNL Industries' new product is the solution to the looming ban on single-use plastic. Will DNL's stock price go higher because of this?
Philippine Stock Exchange Index: Will End 2019 Between 7400 and 7500?
The Philippine Stock Exchange Index (PSEi) is still experiencing an outflow of foreign funds. Are we going to see the main index above 7,900 or between 7,400 and 7,500 before the end of 2019?
Victorias Milling Co. Saw 7% Net Income Increase Even as Productivity Drops
Listed sugar miller Victorias Milling Co. Inc. saw its net income increase, but revenues and productivity declined. Is this bullish for VMC?
Sangley Airport Development Bid for by MacroAsia Corp-China Communications Construction Co. Tandem
Macroasia Corp and China Communications Construction Co. partnered up to bid for the transformation of Sangley airport. How will this affect the price of MAC in the stock market?
Bank of the Philippine Islands Under Probe for $19.5M Laundering Scandal
The Bangko Sentral ng Pilipinas is currently investigating 10 banks for their alleged involvement in a massive money laundering scandal with Australian Bank Westpac. The Bank of the Philippine Islands is specifically named. Will this negatively affect the stock price of BPI? Who are the other banks?
