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Union Bank gets BSP nod to triple capital

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unionbank

Union Bank of the Philippines has obtained approval from the Bangko Sentral ng Pilipinas (BSP) to triple its authorized capital to P23.1 billion in line with the bank’s goal to become one of the country’s top three banks by 2020.

Posted: October 20th, 2014 in Latest Business Stories | Read More »

Asean integration and REITs

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In 2009, our Congress passed into law the Real Investment Trust Act (Reita).

Posted: September 18th, 2014 in Columnists,Inquirer Columns | Read More »

SEC approves Century plan to issue P3-B worth of bonds

A minority stockholder of one of the country’s top canned tuna manufacturers has complained that the Securities and Exchange Commission has failed to give attention to a complaint against the corporation for denying him his right as a stockholder. SCREENGRAB from www.sec.gov.ph

The Securities and Exchange Commission has approved the plan of property developer Century Properties Group Inc. to debut on the local bond market with an offering worth P3 billion.

Posted: August 16th, 2014 in Headlines,Latest Business Stories | Read More »

Century Properties sets P3-B bond offer

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Screengrab from century-properties.com

Century Properties Group Inc. has obtained approval from the Securities and Exchange Commission to debut on the local bond market with an offering of as much as P3 billion.

Posted: August 15th, 2014 in Latest Business Stories | Read More »

SM Prime’s bond issue gets SEC nod

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SM Prime Holdings Inc., which serves as the flagship property arm of billionaire Henry Sy, has obtained regulatory approval to sell as much as P25 billion in fixed-rate bonds to partly finance its expansion plans through 2017.

Posted: August 9th, 2014 in Headlines | Read More »

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