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The shares from the Union Bank [UBP 34.00, down 3.7%; 43% avgVol] stock rights offering (SRO) [link] will be listed today. Of the ~327 million common shares for sale in the SRO, 319 million were sold in the 1st round of the SRO, and 8 million were sold in the 2nd round. No final round or “Underwriter’s Take-up” was required.
Chemical Industries of the Philippines [CIP halted] [link] said that its board voted to exclude the Unioil Group from the merger of its subsidiaries. The subsidiaries that will be merged are Addventure Properties, Citiworld Properties, Exquadra, Quantumlink Realty, Buklod Realty, and Rivertanks; Uniholdings Inc will be the surviving entity of this merger. The PSE halted trading in CIP’s shares prior to the market’s open, “pending submission of the additional information required by the Exchange”, eight minutes after CIP’s “Reply to Exchange’s Query” hit the EDGE disclosure server.
In case you haven’t heard, there’s an amazing basketball reference book, authored by coach Joe Lipa in collaboration with sports marketing expert Peter Lopez, former UP College of Human Kinetics dean Ronnie Dizer and nutritionist Faith Rahi, outlining plays, unraveling philosophies, detailing conditioning drills, explaining dietary regimens, divulging scouting tips and just sharing experiences from some of the sport’s most notable practitioners. There’s even a glossary of basketball terms to keep readers abreast of the game’s evolving language. The 280-page book deserves a place in the library of every casual or serious fan. Those involved in any media capacity will find it a refreshing compendium of stories, insights and basketball secrets to keep you glued to each page.
MANILA, Philippines — The retail price of galunggong or round scad nationwide has increased by P40 per kilo due to the effects of Typhoon Aghon, according to the Bureau of Fisheries and Aquatic Resources.
MANILA, Philippines -- The University of the Philippines Fighting Maroons remained unblemished in the FilOil EcoOil preseason cup after steamrolling past the Far Eastern University Tamaraws, 95-84, Thursday at the FilOil EcoOil Centre in San Juan City.
LUBAO, Pampanga – Lisa Sarines triumphed in the girls’ 11-14 category of the Junior Philippine Golf Tour Luzon Series 2, scoring a wire-to-wire victory with a 72, while Geoffrey Tan dominated the boys’ side at the Pradera Verde Golf and Country Club here Thursday.
MANILA, Philippines -- Struggling in the first half, Allein Maliksi came up huge in the fourth quarter as he helped the Meralco Bolts force a Game 7 against Barangay Ginebra in their PBA Philippine Cup semifinals match on Wednesday.
MANILA, Philippines – In the midst of celebrating Alas Pilipinas’ bronze medal win in the 2024 AVC Challenge Cup on Wednesday night, tournament best setter Jia Morado-De Guzman contemplated the future of Philippine volleyball.