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Frater Asia - Korea Box Office: ‘Furiosa: A Mad Max Saga’ Dashes to Day One Lead - variety.com - Philippines - Indonesia - Singapore - Thailand - North Korea - Sweden - France - Taiwan - South Korea - Denmark - Belgium - county Early

Korea Box Office: ‘Furiosa: A Mad Max Saga’ Dashes to Day One Lead

Patrick Frater Asia Bureau Chief Fresh from its Cannes premiere George Miller’s “Furiosa: A Mad Max Saga” dashed into the lead at the South Korea cinema box office. In doing so, it deposed “The Roundup: Punishment,” the local crime actioner that has dominated Korean cinemagoing for the past month. “Furiosa” earned $575,000 from 75,400 ticket sales on Wednesday, giving it a Korean total of $597,000, including a sprinkling of preview showings, according to data from the Kobis tracking service that is operated by the Korean Film Council (Kofic).

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NexGen Energy files for P0.6-B IPO - philstar.com - Philippines - China

NexGen Energy files for P0.6-B IPO

NexGen Energy [XGEN 1.68 pre-IPO] [link] has filed with the SEC to conduct an IPO to raise up to P580 million through the sale of primary shares at P1.68/share with a secondary over-allotment option. XGEN is a renewable energy company (wind and solar), and expects the proceeds of the sale to “partially fund” development of three projects (one solar, two wind). China Bank Capital [CHIB 39.10, up 0.1%; 164% avgVol] is the joint lead underwriter on the deal along with Investment and Capital Corp. of the Philippines. XGEN is a subsidiary of Pure Energy Holdings (PEH), which is headed by Dexter Tiu. PEH is also the parent company of Repower Energy Development Corp [REDC 5.10 unch; 88% avgVol], which was also brought to market with CHIB.

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Bella Cariaso - Metro Manila pork prices hit P420/kilo – DA - philstar.com - Philippines - city Manila, Philippines

Metro Manila pork prices hit P420/kilo – DA

MANILA, Philippines — The retail price of pork reached as high as P420 per kilo, based on the latest monitoring of the Department of Agriculture in Metro Manila markets, as a ranking DA official maintained that some traders are involved in overpricing as the farmgate price of pork remains stable.

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Martin Romualdez - Delon Porcalla - Mark Enverga - Leonardo Montemayor - Jude Acidre - David Suarez - House OKs bill restoring NFA power to import rice - philstar.com - Philippines - province Quezon - city Manila, Philippines

House OKs bill restoring NFA power to import rice

MANILA, Philippines —  Administration lawmakers approved on third and final reading on Tuesday the measure amending provisions of the Rice Tariffication Law (RTL) in the hope of substantially bringing down the price of rice in the retail market.

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Ayala Land sells P3.2-B worth of AREIT in block sale - philstar.com - Philippines

Ayala Land sells P3.2-B worth of AREIT in block sale

Ayala Land [ALI 29.00, down 2.4%; 121% avgVol] [link] disclosed that it sold 98 million common shares of AREIT [AREIT 33.00, down 3.4%; 848% avgVol] in a private placement block sale at a price of P32.45/share. ALI said that the transaction was two times oversubscribed at the clearing price, which was 5% under AREIT’s closing price from the previous day. The transaction raised P3.18 billion for ALI and increased AREIT’s public float to facilitate the planned property-for-share swap between ALI and AREIT.

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Figaro confirms capex and 'double-digit growth' target - philstar.com - Philippines - city Manila

Figaro confirms capex and 'double-digit growth' target

Figaro [FCG 0.75, up 1.4%; 95% avgVol] [link] confirmed statements made by its chairman, Justin Liu, in an interview with Manila Bulletin. In that interview, Mr. Liu said that FCG’s FY24 capex target is P1 billion, that they’re looking to open 70 to 80 new stores this year, and that he expects this expansion effort to push earnings to grow “double-digits” this year. FCG confirmed all those statements. FCG’s indicated that it would expand from 150 stores at the end of 2022 to 300 stores by the end of 2029.

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Alan Peter - Press Release - Cayetano pushes higher valuation for just compensation for Marawi Siege victims, restoration of their pre-war lives - legacy.senate.gov.ph - city Marawi

Press Release - Cayetano pushes higher valuation for just compensation for Marawi Siege victims, restoration of their pre-war lives

Senator Alan Peter Cayetano on Tuesday advocated for just compensation for the victims of the 2017 Marawi Siege, expressing support for restoring their pre-war status.

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James Relativo - Eli Remolona - Ian Laqui - Philippine peso closes at P58.72 against US dollar - philstar.com - Philippines - Usa - city Manila, Philippines

Philippine peso closes at P58.72 against US dollar

MANILA, Philippines — The exchange rate of the Philippine peso against the dollar closed at a low level on Tuesday after slipping to P58.27, according to the latest data from the Bankers Association of the Philippines.

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