Melco Withdraws Petition for Delisting

Melco Resorts and Entertainment (Philippines) Corp. (PSE: MRP) filed a letter with the Philippine Stock Exchange on October 19, 2018 formally withdrawing its Petition and Amended Petition for Voluntary Delisting dated September 14 and 18, 2018, respectively. Melco further informed the PSE that its controlling shareholder, MCO (Philippines) Investments Ltd, shall continue to proceed with […]
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MCO Defers Tender Offer

MCO (Philippines) Investments Ltd (MCO), the majority shareholder of Melco Resorts and Entertainment (Philippines) Corp. (PSE: MRP), will defer its tender offer, which was initially scheduled to commence on October 3, 2018, for up to 1,569,786,768 outstanding common shares held by the public, for a period of approximately two weeks, or until such time that […]
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Melco Resorts to Delist

Melco Resorts and Entertainment (Philippines) Corp. (PSE: MRP) has announced that its Board of Directors approved the voluntary delisting of the common shares of the corporation from the main board of the Philippine Stock Exchange (PSE) subject to compliance with the PSE Rules on Delisting. In relation to the delisting and in compliance with the […]
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PHStocks Exclusive: Top 30 Strongest Stocks in 2017

Another year of trading is over. The Philippine Stock Exchange (PSE) index finished 2017 at a record high 8,558.42 on Friday, 29 December 2017. It was the 14th time that the index closed at a record high during the year. For 2017, the index gained 25%. Of course, it’s also that time of the year […]
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PHStocks Exclusive: Top 30 Worst Performing Stocks in June

Manila—(PHStocks)—Yesterday, we presented the top 30 best performing stocks over the past month. This time around, it’s the top 30 worst performing stocks in June. Some of these stocks have risen during the month, before falling down again to their levels at June 30, upon which this ranking is based. Therefore, we cannot really say […]
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PHStocks Exclusive: Top 30 Best Performing Stocks in May 2017

Manila—(PHStocks)—The PHStocks top performers and losers list returns after several months of absence. As always, the list is based on the price performance of stocks based on their closing price at the last trading day of the prior month and their closing price at the last trading day of the month in review. So, without […]
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Melco Crown Changes Corporate Name

Paranaque—(PHStocks)—The Board of Directors of Melco Crown (Philippines) Resorts Corp. (PSE: MCP), during the Special Board Meeting held on February 1, 2017 approved the change in corporate name of the corporation to Melco Resorts and Entertainment (Philippines) Corp., and the change in stock symbol to MRP. Whereas, the stockholders on April 7, 2017 during a […]
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