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It’s shaping up to be the biggest maiden offering in the country’s history.
Food company Monde Nissin has secured the approval of the Securities and Exchange Commission (SEC) for its initial public offering worth as much as P72.45 billion. In its April 20 meeting, the SEC resolved to render effective the registration statement of Monde Nissin ...
 
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Company reported a net profit during the fourth quarter last year.
Listed Philippine Seven Corp (PSC), the exclusive license holder of the 7-Eleven chain of convenience stores in the country, reported a net loss of P419.7 million in 2020 as it grappled with the extended lockdown imposed by the government due to the ...
 
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DoubleDragon Properties is now DoubleDragon Corp.
DoubleDragon Properties is no more. In its place is DoubleDragon Corporation. The listed property firm said Thursday that its board had approved the name change in order for it to become an investment holding company.“DoubleDragon is now ready to begin its new journey ...
 
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The company said it booked over P10 billion in revenues last year.
Property giant Megaworld said its office leasing business is seeing growth despite the effects of the pandemic last year. This aligns with the latest market report from Leechiu Property Consultants, which said that demand for office space is on the rise, mostly thanks to ...
 
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Bibingkinitan CEO Richard Sanz says to do it right from the start to multiply success and not problems.
Franchising is about replicating your business. So it is important to have strong foundations and a profitable business model so that franchisees can replicate your success and not your problems.“Some people would come to me and tell me they want to franchise ...
 
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Discussions are ongoing.
Metro Pacific Investments Corp. is in talks to invest in hotel and resort property firm Discovery World Corporation (DWC). Reacting to reports that the Manny Pangilinan-led conglomerate was planning to buy-out the property firm owned and controlled by the Tiu family, both ...
 
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It's the second REIT IPO in the country.
DoubleDragon Properties’ REIT (PSE: DDMPR) will be the first company that will go public this year after it obtained approval from regulators to raise up to P14.7 billion in an initial public offering (IPO).DDMPR will sell up to 6.5 billion shares or ...
 
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It’s a sign of optimism for the year.
Employers in the Philippines are projected to give pay rises this year at an average of 5.6 percent, reflecting the overall optimism despite no clear end to the scourge of the pandemic. In addition, as much as 82.4 percent of companies in ...
 
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Why it's important and how to create one.
Do you know that one of the primary movers or triggers of any successful business is the legal aspect? Without proper legal works, a business won’t even be able to start any legitimate transaction. In terms of franchising, one of the most important ...
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