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Metro Global given 6 months to avoid involuntary delisting - philstar.com - Philippines

Metro Global given 6 months to avoid involuntary delisting

The PSE gave notice to Metro Global Holdings [MGH suspended] [link] that it has six months to increase its public float above 10% to comply with the PSE’s Minimum Public Ownership (MPO) rule or be “automatically delisted” from the stock exchange. MGH’s public float was pushed below the MPO threshold after a transaction to increase MGH’s authorized capital stock was approved by the SEC, and a large block of shares was “deemed issued” to MGH’s parent company, Fil-Estate Management (FEM). According to MGH’s website, the company’s shares “have been voluntarily suspended since March 20, 2007, to allow the Company to re-align its business and explore new strategic directions.”

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Francisco P.Tiu-Laurel - DA lines up support for seaweed industry to regain top world spot - da.gov.ph - Philippines - Indonesia - city Manila

DA lines up support for seaweed industry to regain top world spot

The Department of Agriculture underscored the need to increase support for local seaweed producers to boost the potential of the second biggest export earner in Philippine aquaculture.

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Doris FrancheBorja - Online seller ng pekeng PhilHealth ID, timbog | Pang-Masa - philstar.com - Philippines - city Quezon - city Manila, Philippines

Online seller ng pekeng PhilHealth ID, timbog | Pang-Masa

MANILA, Philippines — Isang 42-anyos na ginang ang arestado dahil sa pagbebenta umano ng mga pekeng PhilHealth identification cards sa online sa Quezon City kahapon ng umaga.

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Bill No - El Niño - Press Release - Suporta sa pagsasaka tiniyak ni Revilla - legacy.senate.gov.ph

Press Release - Suporta sa pagsasaka tiniyak ni Revilla

TAOS-PUSONG pinakinggan ni Senador Ramon Bong Revilla, Jr. ang mga daing ng mga magsasaka sa bayan ng Rosales sa Pangasinan matapos silang puntahan at kitain ng mambabatas noong umaga ng Linggo (Pebrero 18).

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Cebu Landmasters shareholders approve FOO plan - philstar.com - Philippines

Cebu Landmasters shareholders approve FOO plan

Cebu Landmasters [CLI 2.62 ?0.8%] [link] said that its shareholders approved the board’s plan to raise up to ?5 billion from the sale of 5 million Series “A” preferred shares at ?1000/share. The follow-on offering (FOO) would be CLI’s first equity raise since its ?2.15-billion IPO in 2017.MB BOTTOM-LINE: Not a big update, just noting the administrative steps of the issuance as it works its way through the system. CLI’s application to conduct the FOO is still pending with the SEC. Once approved by the SEC, CLI will need to obtain approval from the PSE, at which time we’ll learn the tentative dates for the issuance’s offer period and listing.  

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Ferdinand Marcos - Francisco P.Tiu-Laurel - DA chief inspects P19.7-B Jalaur River Multipurpose Project in Iloilo - da.gov.ph - South Korea - province Iloilo

DA chief inspects P19.7-B Jalaur River Multipurpose Project in Iloilo

Agriculture Secretary Francisco P. Tiu Laurel, Jr. on February 14, 2024, inspected the nearly-complete second phase of the Jalaur River Multipurpose Project (JRMP), a P19.7-billion infrastructure development project of the National Irrigation Administration that will increase rice production and benefit 25,000 farmers and 4,500 indigenous people in Iloilo province.

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Justice - Press Release - Robin Bill Seeks Higher Compensation for Victims of Unjust Arrests Due to to 'Mistaken Identity' - legacy.senate.gov.ph - Philippines

Press Release - Robin Bill Seeks Higher Compensation for Victims of Unjust Arrests Due to to 'Mistaken Identity'

Sen. Robinhood "Robin" C. Padilla is pushing for higher compensation from the government for victims of unjust arrest and detention due to "mistaken identity."

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Martin Romualdez - Cecille Suerte Felipe - Imee Marcos - Senators question P26.7 billion ‘ayuda’ fund - philstar.com - Philippines - city Manila, Philippines

Senators question P26.7 billion ‘ayuda’ fund

MANILA, Philippines — About P26.7 billion worth of financial assistance under the Department of Social Welfare and Development (DSWD) was questioned by senators yesterday during the continuation of a public hearing on the people’s initiative or PI.

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