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BusinessWorld January 8, 2021 | 7:23 pm Ayala-led AC Energy Philippines, Inc. has moved the rights offer period for its stocks to this month, saying it deemed the earlier date to be “prudent” since its existing regulatory approval requires a January 2021 completion. In a regulatory filing on Friday, the listed energy company said it would open its stock rights offering (SRO) on Jan. 18 until 22, from the first work week of February previously. The move comes as the company announced that it had obtained approval from the Securities and Exchange Commission (SEC) on Jan. 5 t...

The Securities and Exchange Commission (SEC) has green-lighted the country’s first crowdfunding platform that will connect small, medium and emerging enterprises with banks and other lenders. A joint venture between Filinvest Development Corporation and Investree Singapore Pte. Ltd., Investre

The Securities and Exchange Commission (SEC) said Thursday it has given the go signal for a crowdfunding platform to commence operations.

December 23, 2020 | 7:55 pm Font Size SEC.GOV.PH THE Securities and Exchange Commission (SEC) has warned the public from investing or to stop any investment in a group named Maxxprofit Computer Trading (Maxx Profit), which it said solicited funds despite being unregistered. In an advisory on its website, the corporate regulator said Maxx Profit is not registered with the SEC neither as a corporation nor as a partnership, and is also not authorized to solicit investments from the public as it has not acquired the specific license to do so. Showing screenshots of the said group, the SE...

Common cryptocurrency scams and how to avoid them enablePagination: false endIndex: Metro Manila (CNN Philippines) — Is cryptocurrency a scam? It isn't, but you should still be careful with fraudulent schemes that ride on its popularity. Cryptocurrency is a volatile enough investment as it is. Don't fall prey to these common cryptocurrency frauds. Scam No. 1: Fake cryptocurrencies A common scam is presenting a new cryptocurrency as an alternative to popular digital monetary currencies like Bitcoin. Fraudsters would lure victims into believing it's too late to cash in on Bitcoin, and they w...