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Cirtek requests voluntary suspension for TECHW ahead of delisting

Cirtek requested the PSE to suspend its Bonus Detachable Warrants on August 13.
Stock Commentary

RCR and RLC 'consummate' 3rd asset swap

RL Commercial REIT disclosed that deeds of assignment had been signed between RCR and its sponsor, Robinsons Land, for 13 commercial assets valued at P34 billion after the RCR board obtained shareholder approval the previous day.
Stock Commentary

Cebu Pacific board approves P16B deficit wipe

Cebu Pacific was halted for one hour yesterday after the discount airline disclosed that its board of directors had approved a plan to eliminate its P16.2 billion retained earnings deficit using its additional paid-in capital.
Stock Commentary

Citicore Renewables CEO bought P11.5M worth of CREC

Citicore Renewable Energy disclosed that its President and CEO, Oliver Tan, purchased ~4.4 million shares of CREC last week at an average price of P2.61/share, for a total spend of P11.5 million.
Stock Commentary

Maharlika boss reportedly seeking P2.5M monthly salary

The STAR reported that “sources within the economic team” said that Rafael Consing, the President and CEO of Maharlika Investment Corp., is seeking a basic monthly salary of P2.5 million.
Stock Commentary

DOF recommends total POGO ban

NexGen IPO is today

AREIT declares stable Q2 dividend

The week ahead

Philippine Infradev re-appoints Tony Tiu as director and President

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