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Goldilocks to become SMIC subsidiary with majority stake acquisition


Goldilocks to become SMIC subsidiary with majority stake acquisition
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Metro Manila (CNN Philippines, August 5) SM Investments Corporation will be adding a new brand in its roster: Goldilocks.
In a letter to the local bourse Wednesday, SMIC confirmed the approval of its acquisition of majority of the bakeshop chain’s common shares.
“This acquisition will increase SMIC’s current shareholding in Goldilocks to approximately 74% of the outstanding voting capital stock, making Goldilocks a subsidiary of SMIC,” said the listed firm.
Prior to the announcement, SMIC only owned 34% of Goldilocks stocks. It also comes months after the Sy family-led corporation completed its buyout of fellow listed firm Chelsea Logistics’s shares in 2GO.  ....

Metro Manila , Philippines General , Frederic Dybuncio , Sm Investments Corporation , Sm Group , Chelsea Logistics , மெட்ரோ மணிலா , ஸ்ம் முதலீடுகள் நிறுவனம் , ஸ்ம் குழு , செல்சியா தளவாடங்கள் ,

Trans-Asia's new eco-friendly vessel plies Cebu-CDO-Cebu route | Hellenic Shipping News Worldwide


Trans-Asia’s new eco-friendly vessel plies Cebu-CDO-Cebu route
The travel and tourism industry is one of the most affected industries during the pandemic. It has temporarily put everyone to a standstill. However, the Philippines being an archipelago with thousands of islands, relies on a reliable and quality means of transportation to take people and goods from one place to another.
Given this circumstances, on July 17 in Cebu City, Trans-Asia Shipping Lines, which is owned and managed by Chelsea Logistics and Infrastructure Holdings Corp., introduced its newest ship MV Trans Asia 21 (MV TA21).
It is part of the Chelsea Group’s program to move forward with its commitment to provide Filipinos a fleet of modern, fuel efficient, clean, and superior quality ships. ....

Cagayan De Oro , Chryss Alfonsusv Damuy , Sheila Fayu Sy , Asia Shipping Lines Inc , Japanese Shipyard , Marine Environment Protection Committee , Infrastructure Holdings Corp , Chelsea Group , Cebu City , Trans Asia Shipping Lines , Chelsea Logistics , Cebu Cagayan De Oro , Sheila Fay , Trans Asia Shipping Lines Inc , Chelsea Logistics President , Environment Protection Committee , கேகயன் டி ஆரோ , ஆசியா கப்பல் போக்குவரத்து கோடுகள் இன்க் , ஜப்பானிய கப்பல் தளம் , கடல் சூழல் ப்ரொடெக்ஶந் குழு , உள்கட்டமைப்பு ஹோல்டிங்ஸ் கார்ப் , செல்சியா குழு , ஸிபூ நகரம் , டிரான்ஸ் ஆசியா கப்பல் போக்குவரத்து கோடுகள் , செல்சியா தளவாடங்கள் , ஸிபூ கேகயன் டி ஆரோ ,

PH telcos conduct successful technical interoperability tests of MNP


PH telcos conduct successful technical interoperability tests of MNP
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MANILA, Philippines, July 15, 2021 /PRNewswire/ The Philippines major Mobile Network Operators (MNO) namely DITO, Globe Telecom and Smart Communications are one with the government in the implementation of the Mobile Number Portability (MNP) Act and through their joint venture company, Telecommunications Connectivity Inc. (TCI) has successfully concluded the initial tests of their technical capabilities and interoperability last July 14, 2021.
The joint effort will soon allow customers the option to keep their mobile numbers permanently, even when they change network providers or switch subscriptions. ....

Issa Guevarra Cabreira , Janej Basas , Adel Tamano , Udenna Corporation , Network Operators , Telecommunity Corporation , Telecommunications Connectivity Inc , Ayala Corporation , Globe Telecom , Smart Communications , Mindanao Islamic Telephone Company Inc , National Telecommunications Commission , China Telecommunications Corporation , Mobile Network Operators , Mobile Number Portability , Telecommunications Connectivity , Mobile Number Portability Act , Globe Chief Commercial , Smart Senior Vice President , Consumer Wireless , Mindanao Islamic Telephone Company , Public Convenience , Chelsea Logistics , China Telecommunications , United Nations Global Compact , வலைப்பின்னல் ஆபரேட்டர்கள் ,