By Neil Jerome Morales
Wilcon Depot Inc, a Philippine construction materials retailer, is set to raise 7 billion pesos ($139.50 million) in the Southeast Asian nation’s first listing this year, pricing its shares at the low end of its guided range. Wilcon is aiming to ride on Philippine President Rodrigo Duterte’s pledge to raise… Read more »
Ayala Corp has boosted anew its power generation assets after acquiring Bronzeoak Clean Energy, a top developer of clean energy projects in the Philippines.
Now seeks to use the proceeds to support the expansion of its Fiber-in-the-Air broadband internet service, research and development, capital expenditures, among others.
“They didn’t need venture capital. This is a deal we had to fight to get into.” – Khailee Ng, Managing Partner, 500 Startups
“More diversity, more points of view would mean more innovation”
Mitsubishi, Mitsui, Sumitomo, Itochu, Marubeni, Toyota, Sojitz are to invest
STI Education Systems Holdings Inc is aiming to raise up to $99.3 million (P5 billion) via bond sale while Century Pacific Food Inc (CNPF) has made its debut on the Asia-Pacific equity market. Century Pacific debuts on Asia-Pacific equity market Century Pacific Food Inc (CNPF), the Philippines’ largest canned food company,… Read more »
The home-building solutions provider will use the net proceeds from the offer for store network expansion, debt repayment, general corporate purposes and fund strategic acquisitions.
Launched in December 2015, PackingDelicious is a platform for prepacked gourmet and health products.
The planned projects are estimated to create over 15,500 jobs.