Knights rip Weavers for win No. 5
MANILA, Philippines — The San Juan Knights trounced the Abra Weavers, 95-82, Thursday to grab the solo lead in the MPBL (Maharlika Pilipinas Basketball League) Sixth Season at the FilOil Flying V Center in San Juan.
Abra latest news
Abra barangay execs suspended for death penalty ordinance on garbage dumping
BAGUIO CITY — Barangay Calaba, Bangued chairman Renato Brasuela and five barangay councilors or kagawad, including the barangay Sangguniang Kabataan chairperson, were suspended for three months for crafting a barangay ordinance in February that sought to mete out “death” as a third offense penalty for illegally dumping garbage.
Abra schools ordered to adjust class hours, follow hybrid setup amid hot weather
BAGUIO CITY — Abra Gov. Dominic Valera on Monday issued an executive order instructing the conduct of hybrid learning setup and modified school hours in all levels in the province from May 6 to May 18, 2024.
MPBL: Zamboanga, Pampanga post lopsided wins
MANILA, Philippines – Zamboanga Masters Sardines trounced Negros Muscovados, 88-73, on Monday to grab solo lead in the elimination round of the 6th MPBL Season at the Alonte Sports Arena.
SEC doles out P60-M in fines for Abra Mining mess
The SEC released a statement yesterday outlining P560 million in fines relating to the illegally-issued Abra Mining [AR suspended] [link] shares that were sold during the basura stock craze of late FY20 and early FY21. The PSE’s suspension of AR’s stock in May 2021 effectively killed that basura stock craze and trapped AR shareholders in the stock for three years with little in the way of information from the SEC, the PSE, or AR itself to guide expectations. The SEC’s statement said that AR illegally issued 169 billion shares of AR across 474 stock certificates, leading to a situation where AR had 258.96 billion shares lodged with the PDTC, but only 72.95 billion shares listed on the PSE. The SEC said that AR’s officers “had or should have had knowledge” of the circumstances of the illegality, and dismissed claims of lack of knowledge as “attributable to their gross negligence in the performance of their duties.” The SEC also revoked AR’s registration statement and certificate to offer and sell securities.
Quezon City routs Imus for share of MPBL top spot
MANILA, Philippines – Quezon City TODA Aksyon cruised past Imus Aguimat, 91-70, on Monday to share the lead in the 6th Maharlika Pilipinas Basketball League Season at the Ynares Center in Antipolo City.
MPBL: Negros outlasts Pasay in 2OT; Abra, Zamboanga win
MANILA, Philippines – The Negros Muscovados tripped the Pasay Voyagers, 86-84, in double overtime on Thursday and shared the lead with earlier winners Abra and Zamboanga in the 6th MPBL (Maharlika Pilipinas Basketball League) Season at the FilOil EcoOil Centre in San Juan.
Bataan, Negros book MPBL wins
MANILA, Philippines – The Bataan Risers and Negros Muscovados took different routes toward victories in the 6th MPBL (Maharlika Pilipinas Basketball League) Season Monday night at the Kamalig Coliseum in Orion, Bataan.