PhilWeb Receives Green Light to Offer E-Gaming System Service

PhilWeb Corp. (PSE: WEB) has received a letter from the Philippine Amusement and Gaming Corp. (PAGCOR), allowing it to offer its services as an electronic gaming system service provider to the first 16 PAGCOR-licensed gaming sites for electronic games, subject to inspection and testing by PAGCOR. Related Articles:PhilWeb Subsidiary Acquires PAGCOR e-Games Site in MandauePhilWeb […]
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PhilWeb Subsidiary Acquires PAGCOR e-Games Site in Mandaue

Makati—(PHStocks)—PhilWeb Corp. (PSE: WEB), thru its subsidiary BigGame Inc., has acquired 100% ownership of a PAGCOR e-Games site in Mandaue City from Noel C. Basubas by giving the latter 150,000 PhilWeb common shares, at a price of PhP11.00 per share, for his 49% ownership in said site. Related Articles:PhilWeb 2015 Net Income Hits PhP870MPhilWeb Receives […]
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PSEi Breaches 8,000

Manila—(PHStocks)—Following a slight dip in the previous trading session, Philippine stocks recovered to close today’s market a little above the 8,000-point mark. The mainboard Philippine Stock Exchange index (PSEi) jumped by 1.19% or 93.72 points to close today’s session at 8,001.38. The wider All Shares index, meanwhile, went up by 0.94% to finish at 4,760.27. […]
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Roberto Ongpin Sells Remaining Stake in WEB to Gregorio Araneta

Makati—(PHStocks)—Today, June 2, 2017, Roberto V. Ongpin sold 118,500,000 shares of PhilWeb Corp. (PSE: WEB) to Gregorio Araneta Inc. (GA) at a price of PhP2.60 per share. The transaction marks the second and final tranche of the sale of Ongpin’s full holdings in WEB to GA, following closely on the first tranche of 653,151,896 WEB […]
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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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PH Stocks Recover

Manila—(PHStocks)—After a two-day decline, Philippine stocks recovered today as investors hunt for bargains. The benchmark Philippine Stock Exchange index (PSEi) went up by 1.15% or 90.37 points to close today’s trading at 7,927.49. The wider All Shares index, meanwhile, recovered 44.82 points to finish at 4,730.32. Related Articles:PH Stocks Down AnewPHStocks Week in Review: Selling […]
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PH Stocks Index Hit 7,937

Manila—(PHstocks)—The mainboard Philippine Stock Exchange (PSE) index rallied to 7,937.95 at the close of market on Tuesday, 12 July 2016, amid continued optimism over the prospects of a better government under President Rodrigo Duterte. The PSEi was up by 0.92%—sustaining its growth for a third session. The wider All-Shares index improved by 0.81%, closing at 4,795.85. […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in April 2016

Manila—(PHStocks)—We have yet to see the real impact of the recent elections in our country’s stock market. Over the past few days, however, the Philippine Stock Exchange index has seen pretty strong finish owing to the relatively fast, credible and peaceful national elections on May 9. Market observers meanwhile expect the euphoria to taper in the next […]
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