The Board of Directors of the Securities Clearing Corporation of the Philippines (SCCP), a wholly owned subsidiary of the Philippine Stock Exchange (PSE: PSE), in its meeting held on 12 December 2018, declared cash dividend in the amount of PhP200 million to its stockholders of record as of 12 December 2018 payable on 18 January […]
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D&L Premium Foods Corp. (DLPF), a company under D&L Industries Inc. (PSE: DNL), has received from the Philippine Economic Zone Authority (PEZA) its Certificate of Registration as an Ecozone Export Enterprise to engage in the manufacturing of vegetable fats and oils and specialty food ingredients. The DLPF facility will be located in FIT-SEZ in Batangas […]
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Megawide Construction Corp. (PSE: MWIDE) was recently awarded the EPC contract for the Mandani Bay Quay Phase 2, the premiere waterfront development in Mandaue City, Cebu by HTLand Inc., a joint venture company of Hongkong Land and Taft Properties. “Megawide is proud to be a partner of HTLand Inc. in the construction of the Mandani […]
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The board of directors of Rizal Commercial Banking Corp. (RCBC, PSE: RCB) has approved the merger of RCBC Savings Bank into RCBC, subject to regulatory approvals. RCBC Savings Bank, a thrift bank, is 100% owned by RCBC. The proposed transaction will facilitate for the RCBC Group the following objectives: (1) more efficient capital deployment; (2) […]
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Manila Water Company Inc. (PSE: MWC) received a Notice of Award from the Calinog Water District (CWD) for a joint venture for the design, construction, rehabilitation, maintenance, operation, financing, expansion, and management of the water supply system of the CWD in the Municipality of Calinog in the Province of Iloilo. Upon completion of conditions precedent […]
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Manila Water Company Inc. (PSE: MWC) received a Notice of Award from the Lambunao Water District (LWD) for a joint venture for the design, construction, rehabilitation, maintenance, operation, financing, expansion, and management of the water supply system of the LWD in the Municipality of Lambunao in the Province of Iloilo. Upon completion of conditions precedent […]
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Cebu Landmasters Inc. (PSE: CLI) recently signed a lease agreement with the Archdiocese of Cebu for a PhP900-million redevelopment of a 6,670 square-meter property in the heritage-rich downtown area of the Queen City of the South. The Patria de Cebu property, which currently offers budget-friendly accommodations for travelers, will be transformed into a mixed-use development. […]
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Cemex Holding Philippines Inc. (PSE: CHP) achieved record quarterly cement sales volumes during the third quarter behind strong domestic demand. Cement sales volumes grew by 5% during the quarter and by 10% in the first nine months of this year compared with the same period in 2017. CHP also reported an 8% increase in net […]
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