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Trans-Asia Petroleum to raise P500M from special rights offer

CIP II Power Corp., a wholly owned subsidiary of Asia Oil and Energy Development Corp., has finally begun the commercial operation of its 21-megawatt diesel-fed power plant in Bacnotan, La Union.

Trans-Asia Petroleum Corp. targets to raise as much as P500 million from the conduct of a special rights offering between the fourth quarter of this year to the first quarter of 2015, following its debut at the Philippine Stock Exchange (PSE) on Thursday.

Posted: August 29th, 2014 in Headlines,Latest Business Stories | Read More »

PSE, bond bourse revive merger talks

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The Philippine Stock Exchange (PSE) and other shareholders of Philippine Dealing Systems Holdings Corp. (PDS) have rekindled discussions on the merger of the country’s capital market infrastructure.

Posted: June 16th, 2014 in Headlines | Read More »

Insider trading: ‘Not generally available to the public’

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Our Securities Regulation Code (SRC) penalizes insider trading by providing that “[i]t shall be unlawful for an insider to sell or buy a security of the issuer, while in possession of material information with respect to the issuer or the security that is not generally available to the public” (Sec. 27.1).

Posted: February 27th, 2014 in Columnists,Inquirer Columns | Read More »

PSEi seen setting new record in 2014

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The Philippine Stock Exchange index may climb to new record highs next year even if local interest rates would bottom out from record-low levels, investment experts said Thursday.

Posted: October 18th, 2013 in Headlines | Read More »

Merger of PSE, PDEx seen happening in ’13

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pse-logo

The Philippine Stock Exchange is looking at the possibility of merging with the Philippine Dealing and Exchange Corp. within the year, thus creating a unified platform for trading of stocks and bonds.

Posted: May 20th, 2013 in Latest Business Stories | Read More »

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