ownership

SMBC boosts stake in RCBC to 24.46%

Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has increased its ownership in Rizal Commercial Banking Corp.…

SEC pushes new rules on disclosures

The Securities and Exchange Commission (SEC) wants to enforce strict rules on the disclosure of…

The cost of having an ill-prepared successor 

(Last of two parts) A well-governed family business is not built on wealth alone. It…

RLC secures P6.2B from selling shares in REIT

Robinsons Land Corp. (RLC) has raised P6.2 billion from selling shares in its real estate…

Ayala readies P1.87-B team-up with Singtel thru Globe

Globe Telecom Inc. has agreed to form a P1.87-billion joint venture (JV) with a Singtel…

SEC stands pat on 20% public float requirement

The Securities and Exchange Commission (SEC) is “firm” in implementing the 20-percent minimum public float…

Jollibee opens up stock ownership to more foreign investors

Homegrown fast-food giant Jollibee Foods Corp. (JFC) has removed its foreign ownership limit, allowing more…

BIZ BUZZ: NGCP says it again: China link not a security threat

Sounds like a broken record by now? Nevertheless, an official of the National Grid Corp.…

BIZ BUZZ: TVJ wins again

The indefatigable Tito, Vic and Joey (TVJ) have scored another legal victory after the Court…

BIZ BUZZ: Say hi to Frank Lloyd Chua

Asiabest Group International (ABG) saw its stock price surge to dizzying heights this year, before…