Cebu Pacific has announced last Monday of its plan to sell new shares to the public to raise funds of about P12 billion. The announcement was made by Cebu Air Inc., the company that operates the Cebu Pacific Airline.
The company said it planned to list 125.25 million new common shares through an initial public offering [...]

Philippine online gaming publisher IP E-Game Ventures Inc. (IP E-Games) was finally listed in the Philippine Stock Exchange (PSE). The company held its listing ceremony at the PSE last Wednesday. IP E-Games is the first online gaming company to be listed in the PSE.
A subsidiary of technology firm IPVG Corp., IP E-Games was able to [...]

The energy investment arm of food and beverage giant San Miguel Corp., the San Miguel Energy Corp. (SMEC), will be conducting an initial public offering (IPO) within the next three years. This has been confirmed by San Miguel president Ramon S. Ang who said that they will definitely keep a 51% interest in SMEC in [...]

One of the country’s leading company, the San Miguel Corp. is planning to list its packaging arm in order to raise more funds, as the beer-based group is getting ready to branch out into heavy industry, according to Dow Jones Newswires. San Miguel president Ramon Ang told Dow Jones that the initial public offering for [...]

Union Bank of the Philippines is also planning to sell debt notes in its effort to generate up to P5 billion which it needs to be used as supplementary capital to support the growth of its resources. This was disclosed to by Union Bank president Victor Valdepeñas as he informs the Philippine Stock Exchange that [...]

Major oil company Pilipinas Shell Petroleum Corp. is still not eager on engaging on initial public offering (IPO) this year. Edgar Chua, Shell country chairman stated their company still has no concrete plan concerning the IPO as the climate for capital raising exercise is not yet conducive as of this time. Chua, who has been [...]

The Philippine boxing hero Manny “Pacman” Pacquiao has added yet another title to his name and that is being a gasoline station owner, as he is the dealer partner of the Phoenix Petroleum Philippines, Inc.’s 100th gasoline station which opened recently in General Santos City.
Phoenix president and chief executive Dennis Uy said that Pacquiao’s confidence [...]

In the Philippine corporate world, shares of stock are traded and transferred everyday from one hand to another, whether in the stock exchange by public trading, or through private transactions. We are going to discuss transfer of shares not traded nor listed in the stock exchange.
First off, certain documentary requirements need to be met in [...]

Several people have invested into the clean, renewable energy in recent years. During the year of 2007, global wind energy capacity grew by 27% and solar energy sales grew an estimated of 50%.
A report coming from the Ernst & Young offers insight into where future growth is likely to occur by examining a variety [...]

Because of this Yehey.com is postponing its plans to for an initial public offering. They are not the only company that has withdrawn its IPO plan, Cebu Pacific also shelved its planned IPO because of the current market condition. “Stock market conditions haven’t changed and remains at its all-time low. We deem that prospects are [...]

Poor market performance has caused Cebu Pacific to finally shelve its planned IPO. It was supposed to list $309-million in IPO this year but eventually has decided against it because of the current market situation. “It (IPO) is shelved,’ Lance Gokongwei, President and CEO of Cebu Pacific, told reporters, he said that the airline [...]