Calata inks supply deal with Argentinian firm
Listed firm Calata Corp. said it had signed an exclusive 20-year contract with Siembra Directa Corp. for the supply of agricultural inputs for the latter’s farm operations in the Philippines.
Listed firm Calata Corp. said it had signed an exclusive 20-year contract with Siembra Directa Corp. for the supply of agricultural inputs for the latter’s farm operations in the Philippines.
The Securities and Exchange Commission has charged at least 12 people with “anomalous” trading of shares of agricultural product distributor Calata Corp. and conspiring to “intentionally and unlawfully” raise share prices for their own profit.
A controversy arose over the recent pronouncement of Internal Revenue chief Kim Henares that Christmas bonuses would be subject to withholding tax.
Agricultural products distributor Calata Corp. on Monday welcomed results of a recent government probe of the alleged manipulation of the company’s stock, leading to the possible filing of criminal charges against at least 10 brokers.

The Securities and Exchange Commission has found evidence of stock price manipulation involving shares of newly listed agricultural product distributor Calata Corp., unmasking and preparing the criminal prosecution of an initial batch of more than 10 people.
The Securities and Exchange Commission has called for a public dialogue this Friday on a proposed compliance framework to address the Supreme Court’s ruling on the foreign equity in telecom giant Philippine Long Distance Telephone Co.—a ruling that also affects utilities and industries subject to the 40-percent constitutional cap on foreign ownership.
Agriculture products and technology distribution firm Calata Corp. said it was supporting the Department of Agriculture’s bid to raise the country’s food production target by 3.5 percent to 5 percent next year.
Four stock brokers were penalized by Capital Markets Integrity Corp. (CMIC) in relation to the “suspicious” trading of shares of agricultural products distributor Calata Corp.
A popular Japanese ramen restaurant in the middle of the Makati central business district reopened its doors last week after being ordered closed by the city government for a month.
Agribusiness firm Calata Corp. is more than doubling its authorized capital as it prepares for the possible entry of new investors.
Agriculture product distributor Calata Corp. has vowed to cooperate with the Securities and Exchange Commission in its ongoing investigation into the unusual trading of its shares after its listing on the stock exchange last May.
The Securities and Exchange Commission recently received a juicy report from the recently created guardian of market integrity in the Philippine Stock Exchange that presented a “clear case” of manipulation of stock prices of newly listed Calata Corp.