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Boulevard Holdings sells 1.5-B shares to ownership group - philstar.com - Philippines

Boulevard Holdings sells 1.5-B shares to ownership group

Boulevard Holdings [BHI 0.06, down 3.1%] [link] advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc. (PAZI), which is also owned and controlled by the Panlilio family. The shares will be sold to PAZI at P0.10/share, which is a 58% premium to the stock’s current market price of P0.063/share.

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BSP moved its next rate decision to April 8 - philstar.com - Philippines

BSP moved its next rate decision to April 8

The Bangko Sentral ng Pilipinas (BSP) [link] moved its Monetary Board’s next meeting date to April 8 (previously April 4). The BSP didn’t give a reason for the move.

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Dennis Uy - Phoenix still can’t pay dividends or redeem preferred shares - philstar.com - Philippines

Phoenix still can’t pay dividends or redeem preferred shares

Phoenix Petroleum [PNX 4.35 unch] [link], the energy retailer arm of “Davao” Dennis Uy’s pseudo-empire, responded to the PSE’s request for an update on PNX’s payment of dividends on its preferred shares and the possible redemption of those preferred shares. In response, PNX said, “we forward the same explanation as we have given on 21 February 2024 that is... ‘As of the moment, there are no retainable earnings and hence, the Company is unable to declare and payout any cash dividends for any class of shares.” PNX said that the lack of retained earnings also makes it impossible for PNX to redeem its preferred shares. The company reiterated that it “continues to remain committed to our obligations while we are still finalizing our strategies.”

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Lionel Messi - International - Messi out of Argentina friendlies: federation - philstar.com - Usa - Argentina - Washington - El Salvador - city Manila - city Washington - city Nashville - Costa Rica

Messi out of Argentina friendlies: federation

BUENOS AIRES, Argentina – Lionel Messi has been ruled out of Argentina's upcoming friendlies in the United States due to a hamstring injury, the Argentina Football Association confirmed on Monday (Tuesday Manila time).

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McDonald's hit by system failure at Asian outlets - philstar.com - Philippines - Usa - Singapore - Australia - New Zealand - Japan - China - Hong Kong - Taiwan - South Korea - city Tokyo, Japan

McDonald's hit by system failure at Asian outlets

TOKYO, Japan — Hungry McDonald's customers in parts of Asia had trouble ordering at stores, on phones and at electronic kiosks on Friday after a system outage.

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Olympics - Japan suspends Fukushima water release after quake as precaution - philstar.com - Japan - China - Russia - city Tokyo, Japan

Japan suspends Fukushima water release after quake as precaution

TOKYO, Japan — The release of wastewater from Japan's stricken Fukushima nuclear plant was suspended on Friday following an earthquake, its operator said while stressing that the move was precautionary.

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Jan Milo Severo - Sarah Geronimo - Matteo Guidicelli - 'Big SCAM': Matteo Guidicelli warns vs fake promo using him, Sarah Geronimo - philstar.com - Philippines - city Manila, Philippines

'Big SCAM': Matteo Guidicelli warns vs fake promo using him, Sarah Geronimo

MANILA, Philippines — Actor Matteo Guidicelli debunked a social media post saying that the Philippine Statistics Authority (PSA) will be giving away P5,000 to those who have their national IDs.

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Gaza war kills more children than in four years of worldwide conflict — UNRWA - philstar.com - Switzerland - Israel - county Geneva - Palestine

Gaza war kills more children than in four years of worldwide conflict — UNRWA

GENEVA, Switzerland — More children have been reported killed in the war raging in Gaza than in four years of conflict around the world, the head of the UN agency for Palestinian refugees said Tuesday.

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