MARKET NEWS
| Fruitas Holdings got the nod of the SEC for its IPO plan & raise some P1.2B | | Maximum price of P1.99 each | | The investing public can partake of up to 28.2% of the company’s total issued shares | | IPO momentum continues | Food kiosk operator Fruitas…
| $RCB looks forward to replicating this year the double-digit expansion of its consumer loans in 2018 | | Consumer loans were to account for a much larger share this year & before | | $RCB projected the same double-digit net income growth this year | | Better year for $RCB…
| UBS AG bought 60.435M $HOME shares to stabilize price from IPO | | UBS AG said its Singapore branch acted as a stabilization agent | | The purchase of $HOME shares was for stabilization purposes for the week ending Oct. 11 | | A white knight | UBS AG,…
| $CHP approves to increase its outstanding capital more than than 3x to P18.31B | | The company said this was divided into 18.31B shares w/ a par value of P1 | | The corporation is potentially looking to raise up to $250M | | Preparation for SRO | Cemex…
DISCLOSURES
| IPO prospectus would likely be filed before December this year | | Actual Initial Public Offering might happen by early 2020 | | The IPO size will be at P1 billion | | Chill for the BIG chill | The Company confirms that its subsidiary, The Big Chill, Inc. is…
| Dividend Rate: 13% | | Type: Stock | | Ex Date: October 28, 2019 | | Pay Date: November 26, 2019 |
| MPI & Buhay (SG) Investments Pte. Ltd, a subsidiary of KKR, entered into a share subscription agreement | | $MPI will hold 20% of resulting outstanding common capital stock of the hospital unit | | Singapore’s wealth fund GIC also restructuring current investment in Metro Pacific Hospitals | |…
| $CNPF signed multiple deals to supply tuna, sardine & coconut milk products to top Russia | | Under the MOA, Century Pacific agreed to supply tuna and sardine products | | These were among the business deals worth $12.57B during Duterte’s Russia visit | | Hello Russia | Century…