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Ayala Corp. raises P3.3B from sale of treasury shares

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Ayala Corp. raised P3.3 billion Wednesday night from the sale of treasury shares, taking advantage of strong investor appetite to generate funds for power and infrastructure investments.

Posted: May 30th, 2013 in Headlines | Read More »

Vulcan to raise funds to boost capital in ’13

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Vulcan Industrial and Mining Corp., which is being groomed as a prospective backdoor listing vehicle for retailer National Bookstore, plans to raise fresh funds from the sale of treasury shares early this year.

Posted: December 31st, 2012 in Headlines | Read More »

URC unloads P7.44B worth of treasury stocks

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URC

Gokongwei-led food and beverage conglomerate Universal Robina Corp. sold P7.44 billion worth of treasury stocks to new investors in an overnight private placement deal on Wednesday, thus raising fresh funds for expansion while widening its public float.

Posted: June 14th, 2012 in Latest Business Stories | Read More »

ICTSI gets P1.7B from share sale

International Container Terminal Services Inc. (ICTSI) is selling treasury shares accumulated during the financial crisis in 2009 to raise fresh capital that can bankroll the group’s aggressive expansion locally and overseas. In a disclosure Friday, the listed company said it approved the sale of about 31.24 million common shares held by subsidiary ICTSI Warehousing Inc. [...]

Posted: July 22nd, 2011 in Headlines | Read More »

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