CEB’s planned P25.73 billion primary and secondary share offering gets nod
The Securities and Exchange Commission (SEC) has approved the planned initial public offerings of Cebu Air Inc. (CEB) to allow the airline unit of JG Summit Holdings (operating under the brand Cebu Pacific Air) to raise up to P25.73 billion from the overseas and domestic markets.
Documents filed with the SEC show, Cebu Air is planning [...]
Prime Media leads top gainers in Stock Market
Prime Media Holdings, Inc. (PRIM) lead top gainers in Friday’s trading, ending 17.65 percent higher than the previous day’s 1.70, closing the weekender trade with 2.00
The company, which tallies a 52 week high of 3.90 and a 52 week low of 0.20, ended with a volume of 1,000 with a 2,000 value to lead [...]
Local shares close lower
The benchmark Philippine Stock Exchange Index (PSEi) closed 0.12 percent lower at 3,097.23 on Friday, dragging 56 declines and only 37 advances.
While All Shares rose 0.0504 percent, Financials, Industrial, Services, and Mining and Oil dropped relatively although Holding Firms and Property tallied high at market end.
PSE restores requirement for listed firms
The Philippine Stock Exchange (PSE) board of directors has approved the reinstatement of the rule requiring listed and listing applicant firms to meet a minimum 10 percent public float to maintain their listing status with the Exchange.
The Minimum Public Ownership (MPO) rule has passed through various debates across the terms of various boards of directors [...]
Jollibee Foods adds common shares
Jollibee Foods Corporation (JFC) has announced the listing of additional 510,961 common shares starting July 29, 2009.
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