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First Lady of the land, attorney Marie Louise Araneta Marcos, retired chief justice Artemio Panganiban, board members of the Foundation for Liberty and Prosperity, friends, good evening. Many congratulations to all the awardees of the foundation; it is an honor to join the fellowship of scholars and winners.
MANILA, Philippines — Nakatakdang depensahan ng San Beda University Red Lions ang kanilang korona sa paglarga ng NCAA centennial season men’s basketball tournament sa darating na Sabado sa Mall of Asia Arena.
May the 1987 Constitution prevail, and finally end the long ordeal of the Kingdom of Jesus Christ (KOJC).
MANILA, Philippines — Warner Bros. Pictures finally released a teaser trailer for its upcoming "A Minecraft Movie," based on the popular video game, starring Jason Momoa and Jack Black.
SENATOR RONALD "BATO" DELA ROSA COMMITTEE ON JUSTICE AND HUMAN RIGHTS SUBCOMMITTEE PRIVILEGE SPEECH ON THE PNP OPERATION IN THE KINGDOM OF JESUS CHRIST (KOJC) DAVAO CITY Sangguniang Panlungsod, Poblacion, Davao City September 6, 2024
The Department of Agriculture and the Bureau of Customs thwarted anew the illegal importation agricultural products, an unfair trade practice that poses a threat to public health and domestic agriculture.
Meralco [MER 406.00, up 0.8%; 54% avgVol] [link] clarified reporting yesterday that it had purchased an additional 11.6% stake in SP New Energy [SPNEC 1.30, up 0.8%; 277% avgVol] from Leandro Leviste’s Solar Philippines (SPPPH) for P7.5 billion. In its note, MER said that it actually “extended a one year loan of P6.7 Billion exchangeable into 5.8 Billion SPNEC shares at maturity”. Later on, SPNEC was asked to clarify some points of the deal by the exchange, which it did in a reply that revealed: (1) the maturity date of the loan is September 2, 2025; (2) SPPPH will pay interest of 12% per year, with the ~5.8 billion SPNEC shares pledged as a security interest on the loan; (3) the ~5.8 billion shares are secondary shares (from SPPPH); and (4) there is an additional P0.8 billion tranche of the loan that is “subject to certain conditions.”
