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Aboitiz eyes P2.7B in sale of treasury shares

Screengrab from www.aboitiz.com

Power and banking conglomerate Aboitiz Equity Ventures Inc. is raising more funds through the sale of up to 50 million treasury shares to bolster its cash reserves.

Posted: August 30th, 2014 in Headlines,Latest Business Stories | Read More »

Pacific Online set to unload treasury shares

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Screengrab from http://loto.com.ph/global/index.php

Lotto equipment operator Pacific Online Systems Corp. is unloading some of its treasury shares to raise at least P250 million in fresh funds for the upgrading and expansion this year of its equipment and terminals.

Posted: June 5th, 2014 in Latest Business Stories | Read More »

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 »

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