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Top News In லோபஸ் ஹோல்டிங்ஸ் நிறுவனம் Today - Breaking & Trending Today

PSEi revised, ACEN and CNVRG added

PSEi revised, ACEN and CNVRG added
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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ABS-CBN Receives Golden Arrow Award for Good Corporate Governance ⋆ Starmometer

Posted on February 27, 2021 by ABS-CBN // 0 Comments
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ABS-CBN was honored anew for its good corporate governance alongside other top organizations in the Philippines in the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards, held virtually last February 19.
Just like in 2018, ABS-CBN was the only media company that made it among the outstanding domestic publicly-listed companies that performed well in the ACGS in 2019.
The ACGS is an assessment tool used in six participating countries of the Association of Southeast Asian Nations (ASEAN) including the Philippines, Indonesia, Malaysia, Singapore, Thailand, and Vietnam to determine if an organization is being managed well and is compliant with government regulations. ....

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Oscar M. Lopez's biography: Life and legacy of a 'power tycoon' – Manila Bulletin

Published February 11, 2021, 11:30 AM
Theirs is an exceptional story of a family-led conglomerate that had to rise from the rubble – not just once, twice or thrice but maybe even more – that’s because of the wretch of politics often infringing on their businesses, be it in the power sector or in their television network.
Oscar M. Lopez
These corporate tragedies as well as the many triumphs of their various businesses symbolize the life and legacy of Oscar M. Lopez, the patriarch of the Lopez group, as chronicled in his biography which is simply titled “OSCAR”.
Across decades, the Lopez family had always been prey to inordinate political power play shackling businesses – from the time that the Manila Electric Company (Meralco) had to be forcefully taken from them during the Martial Law years; then for another round of takeover in 2008-2010; and the extreme blow they had to racked in pain with from last year’s denial of their ABS-CBN franchise. ....

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Lopez Holdings withdraws petition to delist from PSE

Lopez Holdings Corporation has withdrawn its petition for voluntary delisting, which was filed with the Philippine Stock Exchange (PSE) on December 14, 2020 after sister company First Philippine Holdings Corporation reduced its tender offer size.

In a disclosure to the PSE, FPHC amended its Tend ....

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DBP denies writing off ₱1.6B loans to benefit Lopez Group

endIndex:
Metro Manila (CNN Philippines, January 18) The Development Bank of the Philippines did not give the Lopez Group of Companies a free pass from its soured ₱1.6 billion loans in the early 2000s.
Dumper PTDA Party-list Rep. Claudine Diana Bautista, who asked for the House inquiry, said the write-off cost the Filipino people s money.
However, the state-owned bank denied writing off the unpaid loans of the Lopez family for its current and former subsidiaries Benpres Holdings, Bayan Telecommunications, Maynilad Water, and Central CATV (also known as SkyCable) when it sold these debts in an asset sale in 2006.
DBP President Emmanuel Herbosa said the non-performing debts – or those which are behind amortizations for over 180 days – were sold to Lehman Brothers Asia Limited on October 16, 2006, which comes years after the 1997 Asia Financial Crisis and precedes the Global Financial Crisis from 2007 to 2009. ....

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