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PARIS – Rafael Nadal will bring down the curtain on his 19-year French Open career with the likelihood of adding to his 14 titles greatly diminished before he leaves behind a record and reputation unlikely ever to be matched.
MANILA, Philippines — Have you been a member of a selection committee or a judging panel?
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.
VistaREIT [VREIT 1.75, up 0.6%; 0% avgVol] [link] declared a Q1/24 dividend of P0.04132, payable on June 27 to shareholders of record as of June 5. The dividend has an annualized yield of 9.4% based on the previous closing price, which is considerably smaller than VREIT’s pre-dividend yield of 12.3%. The total amount of the dividend is P310 million, which is 100% of the P310 million in distributable income that VREIT declared for the quarter. Relative to VREIT’s IPO price, the div increased VREIT’s total stock and dividend return to 18.55% (up from 16.19%). The VREIT Q1 dividend is up 5.4% y/y, but down 23.2% q/q.
CEBU, Philippines — Before tomorrow night’s much anticipated Miss Universe Philippines 2024 finals, the pageant’s followers got to see how the 53 candidates performed at the Preliminary Interview, streamed yesterday over Empire Philippines’ YouTube channel.
MANILA, Philippines — Two more senior administration lawmakers, on top of the previous two officials of the House of Representatives who endorsed the renewal of the Manila Electric Co. (Meralco) franchise, have supported the grant of another 25-year legislative franchise to the company.
MANILA, Philippines — An independent third-party entity – possibly the United Nations or a respected environment group – should inspect Panatag (Scarborough) Shoal to validate the “incontrovertible proof” presented by the Philippine Coast Guard (PCG) of China’s massive destruction of corals and other marine resources in the area, according to National Security Council assistant director general Jonathan Malaya.
MANILA, Philippines — Health reform advocate Tony Leachon is facing cyber libel charges filed yesterday by Bell-Kenz Pharma Inc.