By Tomas S. Noda III
Deal signed with Rizal Microbank, a unit of Philippine-listed RCBC.
PSE now holds a 44.78% stake in fixed income bourse PDS Holdings.
Proceeds to fund business growth, capital expenditures & working capital.
First tranche of AboitizPower’s public offer is scheduled for June 20-23 worth P3 billion.
In two separate developments in the startup space in Southeast Asia, fintech company MyCash raised over $300K in its crowdfunding campaign, while 12 teams won in the IdeaSpace 2017 startup acceleration programme in the Philippines. Cradle leads $300K crowdfunding campaign in MyCash Malaysia-based fintech startup MyCash Online raised up to… Read more »
MPIC will use the proceeds to part-fund acquisition of PLDT’s 25% interest in Beacon
Proceeds will be used to reduce PLDT’s debt.
First time JICA is lending directly to a private firm in the Philippines and to the water sector.
The transaction will give Medco a healthier balance sheet
Basic Energy and VTE are set to undertake due diligence on Solmax.