P6.8-M worth shabu seized in another Lanao del Sur PDEA bust
COTABATO CITY — Anti-narcotics agents confiscated P6.8 million worth of shabu from two dealers who fell in another entrapment operation in Lanao del Sur province on Wednesday.
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SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft [link] of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors. A cornerstone investor (sometimes called an anchor investor) negotiates directly with the company doing the IPO and receives a guaranteed allocation at the final offer price. The first draft of the rules required the company doing the IPO to negotiate with and disclose the identity of any cornerstone investors before filing the preliminary prospectus with the SEC and required any cornerstone investors to hold their shares in lock-up for 30 days after the IPO. This has been amended to require negotiation and disclosure on or before the official pricing of the IPO, and the 30-day lock-up has been removed entirely.
Israel report says Hamas attack involved 'systematic' sexual assault
JERUSALEM, unidentified — The October 7 Hamas attack on southern Israel involved systematic and deliberate sexual assaults on civilians, a report released by an Israeli group said on Wednesday.
Micheline Presle Dies: ‘Devil In The Flesh’ Star Was 101
Micheline Presle, the French actress whose controversial Devil in the Flesh role was the start of a career that included starring opposite John Garfield, Tyrone Power, Errol Flynn and Paul Newman, has died at 101.
Comelec: 2 tech firms ineligible to supply internet voting
MANILA, Philippines — The Commission on Elections (Comelec) is set to hold another public bidding for internet voting as the only two bidders were both declared ineligible.
Kuwaiti court upholds conviction of OFW’s killer
MANILA, Philippines — The Kuwaiti appellate court has affirmed the conviction of the 17-year-old killer of Filipino domestic helper Jullebee Ranara, according to the Department of Migrant Workers.
BAI holds 400 gamefowls at NAIA
MANILA, Philippines — The Bureau of Animal Industry prevented the release of at least 400 fighting roosters from the United States at the Ninoy Aquino international Airport (NAIA) as the consignee and breeders accused the BAI of harassment.
Quiboloy will face justice – US government
MANILA, Philippines — As Apollo Quiboloy announced he was going into hiding, the United States embassy in Manila expressed confidence yesterday that the founder of the Kingdom of Jesus Christ (KOJC) will face justice for heinous crimes.