SBS Subsidiary Acquires 17% Stake in Goldchester Holdings

Quezon City—(PHStocks)—SBS Holdings and Enterprises Corporation, a subsidiary of SBS Philippines Corporation (PSE: SBS), has acquired 150,000 common shares of Goldchester Holdings Corp. representing a 17% equity stake in the company for PhP480,799,500.00. The investment is an excellent addition to the SBS Group property investment portfolio as it presents a rare opportunity to acquire a stake […]
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SBS Announces Developments in Property Related Investments

Quezon City—(PHStocks)—SBS Philippines Corp. (PSE: SBS) is pleased to announce that in line with its investment strategy to have a more diversified interests in different property holdings at a lower capital requirement and risk exposure to the company, the company has deemed it beneficial to invest in small ownership stake in companies investing in real […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in March 2016

Below is the list of the top 50 strongest performing stocks for the month of March. 1. Concrete Aggregates Corp. “A” (PSE: CA): PhP339, 438.09% 2. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP5.90, 115.33% 3. Mabuhay Vinyl Corp. (PSE: MVC): PhP4.78, 71.94% 4. Synergy Grid & Development Philippines Inc. (PSE: SGP): PhP250, 64.47% 5. […]
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SBS Full Year Net Income Up Nearly 60% to PhP159M

Quezon City—(PHStocks)—SBS Philippines Corp. (PSE: SBS), one of the leading chemical distributor/trading companies in the Philippines, continued to post solid profit growth as it registered a net income of PhP159 million for 2015, up by 58.73%, from PhP100.2 million posted in 2014. Operating profit grew by 40.1% in 2015 backed by organic growth, significant drop in […]
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SBS Philippines Receives 2015 Best Small Cap Equity Deal of the Year Award

Quezon City—(PHStocks)—The PhP1.2 billion initial public offering of SBS Philippines Corp. (PSE: SBS) was named as 2015 Best Small Cap Equity Deal of the Year in the Alpha Southeast Asia’s 9th Annual Best Deal and Solutions Awards. BDO Capital & Investment Corporation acted as Sole Issue Manager, Lead Underwriter & Bookrunner for the Offer. The award recognised the SBS Philippines’ […]
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SBS Philippines Starts Trading at PSE

Quezon City—(PHStocks)—Trading of the shares of SBS Philippines Corp. has commenced trading on the main board of the Philippine Stock Exchange (PSE) under the ticker symbol “SBS” yesterday, 10 August 2015. The listing is the result of the initial public offering of 420,000,000 new shares at PhP2.75 per share which raised PhP1.15 billion in fresh funds. SBS intends to […]
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