'May anger, may issues': Master Hanz Cua says showbiz breakups will continue this year
MANILA, Philippines — Feng Shui Master Hanz Cua revealed that there are more celebrity breakups this Year of the Wood Dragon.
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Lebron Jhames bumandera sa Junior Altas | Pilipino Star Ngayon
MANILA, Philippines – Humataw si Lebron Jhames Daep ng 22 points para banderahan ang University of Perpetual Help sa 89-75 na paggiba sa Lyceum of the Philippines University sa NCAA Season 99 junior basketball tournament kahapon sa Filoil EcoOil Centre sa San Juan City.
China allows Philippines to supply troops at disputed reef
BEIJING/SHANGHAI: The Chinese coastguard said it had made "temporary special arrangements" to allow the Philippines to deliver supplies to troops at a grounded World War Two-era vessel at a disputed reef. The Chinese coastguard has previously deployed vessels to block missions by the Philippines to supply troops on the transport ship, which has become a military outpost at the Second Thomas Shoal, 190 km (118 miles) off the Philippine island of Palawan.
Beermen top dog Fajardo cops PBA Player of the Week Plum
MANILA, Philippines – June Mar Fajardo continues to tower above the entire San Miguel Beer team.
SP New Energy suspended again for public float violation
SP New Energy [SPNEC 1.21 suspended] [link] was suspended at the close of trading on Friday by the PSE after a block sale pushed SPNEC’s public float down to 19.57%, below the PSE’s minimum public float requirement of 20%. Earlier in the day, SPNEC disclosed a change in the number of issued shares from ~34 billion to ~50 billion after the SEC approved the amendments to SPNEC’s articles of incorporation to increase its authorized capital stock to facilitate Meralco’s [MER 377.40, down 0.7%; 91% avgVol] takeover of SPNEC through its subsidiary, MGEN. SPNEC’s disclosure, issued at around 10:30 AM, showed that the change in the number of issued shares would reduce SPNEC’s public float from 23.8% to 20.01%. The PSE’s suspension order was issued at 3:27 p.m., and mentioned only that the “execution of block sale applications” had caused the stock to slip below the 20% minimum threshold.
Ayala Land sells P5.6-B worth of AREIT in discount block sale
Ayala Land [ALI 34.00, down 0.4%; 134% avgVol] [link] disclosed that it sold 181 million shares of its subsidiary, AREIT [AREIT 32.00, down 4.5%; 4854% avgVol], at P31.10/share which was a 7.2% discount to the previous day’s closing price. The sale raised approximately P5.6 billion for ALI, but more importantly, it pushed 181 million AREIT shares into the public float ahead of its planned property-for-share swap with AREIT. Under the terms of the swap, AREIT will issue 841.3 million primary shares to ALI and its subsidiaries and affiliates, and ALI must sell approximately 260 million shares to avoid an AREIT public float violation when the transaction is approved by the SEC.
Egypt pyramid renovation sparks debate
CAIRO, Egypt — A video showing renovation work at Egypt's Menkaure pyramid at Giza has triggered social media criticism, with one expert decrying its "absurdity".
Sweet sweep, revenge for SMB
MANILA, Philippines — Swept in this very stage last conference, San Miguel Beer returned the favor to Barangay Ginebra in the PBA Season 48 Commissioner’s Cup semifinals.