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Page 5 - பிலிப்பைன் கையாளுதல் பரிமாற்றம் கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sta Lucia Land eyes conservative expansion in growth areas

BusinessWorld March 16, 2021 | 12:05 am By Keren Concepcion G. Valmonte STA. LUCIA Land, Inc. (SLI) plans to expand in what the company calls its “growth areas,” after seeing demand when people started working from home. “It’s really more for expansion because if you notice those areas, we already have a presence there for the past years and decades, so we’re just expanding where we currently are,” SLI Vice-President for Corporate Planning and Investor Relations Mr. Jeremiah T. Pampolina told BusinessWorld in a phone call on Monday. According to a disclosure last Friday, the property developer’s board of directors authorized the acquisition of several properties and has also approved plans of entering joint ventures for several projects.

SEC approves Aboitiz firm s bonds, medical center s IPO

BusinessWorld February 25, 2021 | 12:07 am THE Securities and Exchange Commission (SEC) has approved Aboitiz Power Corp.’s bond offering and has greenlit Allied Care Experts (ACE) Medical Center-Palawan, Inc.’s initial public offering (IPO). “In its meeting on February 23, the Commission En Banc resolved to render effective the respective registration statements of AboitizPower for the issuance of fixed-rate bonds worth up to P30 billion and of ACE Medical Center-Palawan for the initial public offering of shares worth about P1 billion, subject to certain remaining requirements,” the SEC said in a statement. The commission granted AboitizPower permission to issue the securities in one or more series in the next three years. The company plans to offer up to P4-billion fixed-rate bonds due in 2026, to be listed on the Philippine Dealing & Exchange Corp.

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