Latest Market News

Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.

PERC

PetroEnergy to acquire full control of Aklan wind farm

PetroEnergy Resources Corp. is set to acquire the remaining stake in the Nabas wind farm from BCPG Public Co. Ltd. for P1.9 billion, enhancing its renewable energy portfolio. This acquisition aligns with PetroEnergy's strategy to expand its renewable energy operations.

  • The acquisition will provide PetroEnergy full control over the 49.2-MW wind farm.
  • This move is part of a broader strategy to enhance its renewable energy capabilities.
  • The transaction reflects the growing focus on sustainable energy solutions.
Read more: manilatimes,bworldonline
industrial
FRUIT

Balai ni Fruitas reallocates IPO proceeds for expansion

Balai ni Fruitas Inc. has revised the allocation of its IPO proceeds to prioritize immediate expansion and supply chain infrastructure. The company aims to solidify its presence in Metro Manila and regional hubs.

  • The reallocation includes increased funding for commissary setup and store network expansion.
  • Balai ni Fruitas is focusing on improving operational segments to support growth.
  • The company is committed to enhancing its market footprint.
Read more: manilatimes,bworldonline
services
ALCO

Arthaland partners with Mitsui for luxury condo project in Makati

Arthaland Corporation has finalized a joint venture agreement with Mitsui Fudosan's subsidiary to develop a luxury residential project in Makati. This partnership aims to enhance Arthaland's portfolio in the premium real estate market.

  • The joint venture involves a significant investment for a luxury condominium.
  • Arthaland continues to collaborate with international firms for sustainable development.
  • The project is expected to contribute positively to Arthaland's financial performance.
Read more: manilatimes,bworldonline
property
MWC

Manila Water secures P15B loan for capital projects

Manila Water Co., Inc. has signed a loan facility of up to P15 billion with Metrobank to finance its capital expenditure projects. The loan will support infrastructure improvements and general corporate requirements.

  • The funding will enhance Manila Water's service capabilities.
  • The loan is part of ongoing efforts to improve water infrastructure.
  • Manila Water has reported significant capital spending on projects.
Read more: manilatimes,bworldonline
services
SMC

San Miguel completes P5.7B note offering to support operations

San Miguel Corp. has successfully issued P5.7 billion in fixed-rate corporate notes to bolster its financial position and support ongoing corporate requirements. The notes carry a fixed interest rate of 6.3000% per annum and are listed on the Philippine Dealing & Exchange Corp.

  • The corporate notes will help manage San Miguel's financial obligations.
  • The issuance is part of a broader strategy to strengthen its capital structure.
  • The notes are offered to qualified buyers under the Securities Regulation Code.
Read more: manilatimes,bworldonline
industrial
PERC

PetroEnergy to buy remaining stake in Aklan wind farm

PetroEnergy Resources Corp. is acquiring the remaining stake in the Nabas wind farm for P1.9 billion, aiming for full control of the renewable energy project. This acquisition could strengthen its revenue base and support future dividends.

  • Acquisition of remaining stake in Nabas wind farm for P1.9 billion.
  • Full control of a renewable energy project.
  • Potential to enhance revenue and dividends.
Read more: bworldonline
industrial
ALCO

Arthaland completes joint venture with Mitsui unit

Arthaland Corporation has finalized a joint venture with Mitsui Fudosan's subsidiary for a luxury residential project in Makati, enhancing its development portfolio. This partnership could lead to increased revenue and potential dividends for shareholders.

  • Joint venture with Mitsui Fudosan for luxury condo development.
  • Transaction valued at P724.83 million.
  • Expected to enhance revenue and shareholder returns.
Read more: bworldonline
property
FRUIT

Balai Ni Fruitas redirects IPO proceeds to immediate expansion needs

Balai Ni Fruitas has revised the allocation of its IPO proceeds to prioritize immediate expansion plans, which could enhance its market presence and profitability. This strategic move may positively affect future dividend distributions.

  • Reallocated IPO proceeds totaling P203.8 million.
  • Focus on immediate expansion and operational needs.
  • Potential for increased profitability and dividends.
Read more: bworldonline
services
SMC

San Miguel completes note offering

San Miguel Corp. has issued P5.7 billion in fixed-rate corporate notes to manage its financial obligations and support ongoing corporate requirements. This move is part of a broader strategy that may influence the company's ability to maintain or increase dividends.

  • Issued P5.7 billion in three-year fixed-rate notes.
  • Notes carry a fixed interest rate of 6.3000% per annum.
  • Part of a strategy to manage financial obligations.
Read more: bworldonline
holding firms
MWC

Manila Water secures up to P15-B loan for projects

Manila Water Co., Inc. has secured a loan facility of up to P15 billion from Metrobank to fund its capital expenditure projects. This financial move is aimed at enhancing the company's infrastructure and service capabilities, which could potentially impact future dividend payouts.

  • Loan amounting to P15 billion for capital expenditure projects.
  • Funding will support infrastructure improvements.
  • Potential positive impact on future shareholder returns.
Read more: bworldonline
services
PERC

PetroEnergy to buy remaining stake in Aklan wind farm

PetroEnergy Resources Corp. is acquiring the remaining stake in the Nabas wind farm in Aklan from BCPG Public Co. Ltd. for P1.9 billion, enhancing its renewable energy portfolio. This acquisition reflects PetroEnergy's commitment to expanding its renewable energy initiatives.

  • The acquisition cost is P1.9 billion.
  • PetroEnergy aims to take full control of the 49.2-MW wind farm.
  • This move aligns with the company's renewable energy strategy.
Read more: bworldonline
industrial
RLC

Rockwell Land takes controlling stake in Alabang Town Center

Rockwell Land Corporation has acquired a 74.8% stake in Alabang Town Center for P21.6 billion, expanding its retail footprint in southern Metro Manila. This acquisition follows Ayala Land's exit from the partnership that operated the mall.

  • The acquisition cost is P21.6 billion.
  • Rockwell Land aims to redevelop Alabang Town Center.
  • The deal increases Rockwell's gross leasable area by 58%.
Read more: bworldonline
property
FRUIT

Balai Ni Fruitas redirects IPO proceeds to immediate expansion needs

Balai Ni Fruitas, Inc. has reallocated IPO proceeds totaling P203.8 million to fund its near-term expansion plans, prioritizing immediate operational needs. This strategic move underscores the company's commitment to solidifying its market presence.

  • The company has redirected funds from its IPO for immediate expansion.
  • Total proceeds allocated for expansion now amount to P203.8 million.
  • The reallocation aims to enhance operational capacity.
Read more: bworldonline
services
MWC

Manila Water secures up to P15-B loan for projects

Manila Water Co., Inc. has secured a loan facility of up to P15 billion from Metrobank to finance its capital expenditure projects. This funding aims to enhance water infrastructure and service continuity in its franchise area.

  • The loan will fund capital expenditure projects.
  • Manila Water's capital spending reached P48 billion as of November 2025.
  • The company aims to expand sewage coverage and improve water security.
Read more: bworldonline
services
SMC

San Miguel lists P5.7-B fixed-rate notes on PDEx

San Miguel Corp. has successfully listed its P5.7 billion fixed-rate notes on the Philippine Dealing Exchange Corp., which will support its funding initiatives. The notes carry a fixed interest rate of 6.3% per annum, reflecting the company's ongoing strategy to manage its financial obligations.

  • The notes are part of San Miguel's broader funding initiatives.
  • They have a fixed interest rate of 6.3% per annum.
  • The listing facilitates trading on the Philippine Dealing Exchange.
Read more: bworldonline
industrial

Philippine SEC revises beneficial ownership reporting rules

The SEC has issued revised rules for beneficial ownership disclosures to enhance transparency and prevent misuse of corporate entities, effective January 2026. These changes may impact corporate governance and investor confidence, potentially influencing dividend policies.

  • Revised rules for beneficial ownership disclosures issued.
  • Effective January 2026.
  • Aims to enhance transparency and prevent misuse of corporate entities.
Read more: manilatimes
financials
MWC

Manila Water signs P15B loan for capital projects

Manila Water Co. Inc. has secured a P15 billion loan from Metrobank to fund capital expenditures, which may enhance its service capabilities and operational efficiency. This financial maneuver could positively influence future dividends for shareholders.

  • Signed a P15 billion loan agreement with Metrobank.
  • Funds will support capital expenditure projects.
  • Aims to enhance service capabilities and operational efficiency.
Read more: manilatimes
services

United Paragon approves debt-equity swap

United Paragon Mining Corp. has approved a debt-equity swap converting P400 million of its outstanding debt into equity, which may strengthen its balance sheet and improve financial stability. This move could enhance investor confidence and future dividend potential.

  • Approved conversion of P400 million debt into equity.
  • Shares priced at P0.01 each.
  • Aims to strengthen balance sheet and improve financial stability.
Read more: manilatimes
mining and oil
RLC

Rockwell Land takes controlling stake in Alabang Town Center

Rockwell Land Corp. has acquired a 74.8% stake in Alabang Commercial Corp., which operates Alabang Town Center, for P21.6 billion, enhancing its retail presence in southern Metro Manila. This acquisition may lead to increased revenue streams and potential dividends for shareholders.

  • Acquired 74.8% stake in Alabang Commercial Corp.
  • Total deal valued at P21.6 billion.
  • Expansion of retail footprint in southern Metro Manila.
Read more: manilatimes,gmanetwork
property
SMC

San Miguel completes note offering

San Miguel Corp. has issued P5.7 billion in three-year corporate notes with a fixed interest rate of 6.3%, aimed at managing financial obligations and supporting corporate requirements. This capital raising effort is part of the company's broader financial strategy, which may impact shareholder returns positively.

  • Issued P5.7 billion in corporate notes.
  • Fixed interest rate of 6.3% per annum.
  • Part of a strategy to manage financial obligations.
Read more: manilatimes
industrial

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