Stage set for GCash’s record P92.3B IPO, October 20 listing eyed
The shares will be offered from October 6 to 12, with Mynt targeting an October 20 debut on the Philippine Stock Exchange under the ticker GCASH
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Your cat or dog can now fly with you on Philippine Airlines domestic flights
Fur parents, rejoice! Both small cats and dogs are now cleared for takeoff on all local PAL flights
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PhilWeb’s multibillion bet on JKS gives it 30% stake
(2nd UPDATE) Fresh off Lance Gokongwei’s P2-billion capital injection and appointment as chairman, PhilWeb is betting big on a gaming-tech company that only began its current commercial operations this year
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[Vantage Point] PNB Holdings is going public without asking for public money
Most companies arriving on the exchange effectively say: give us your money and we will show you what we can build. PNB Holdings is saying, here is the balance sheet and tell us what we are worth.
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ABS-CBN gets first P2 billion of P6-billion lifeline
The P6-billion rescue package, anchored by private investment firm I&C Holdings’ P3.5-billion investment and backed by Gabby Lopez III and other Lopez family investors, has begun flowing into the ailing media company
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[Vantage Point] The Villar Land scandal now has a gatekeeper problem
The Villar Land affair began as a valuation scandal. It became a disclosure and market-integrity scandal. It now has a potentially more material issue.
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Who can use the Lido name? SC cancels ‘Lido Cocina Tsina’ trademark
(1st UPDATE) Years after the falling out between old partners, the Supreme Court says the trademark still belongs to the partnership they left behind
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For GCash’s early private equity backers, record IPO will be ultimate payday
GCash’s blockbuster IPO could turn years of paper gains into billions for its early private equity backers. For the retail investors buying in now, the question is how much growth still remains.
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[Vantage Point] Villar Land: Follow the P1.3-trillion paper trail
The documents I have in possession establish the acquisition, revaluation, and recognition of enormous accounting gains. They also establish that Villar Land subsequently carried an extraordinary stock-market valuation.
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SM Harrison Plaza opening by end-2027 with entire floor for Gen Z
Harrison Plaza’s new look will be taking cues from a Gen Z-focused SM concept in China packed with streetwear, one-off cafés, a DJ booth, space for TikTok creators, and even a skate park
