Companies

Two accomplished doctors who have since taken to photography and the artistic canvass are holding a joint exhibit of their works with all the proceeds to be donated to the Philippine General Hospital (PGH) Foundation. 

Guided by its vision to transform lives through affordable high quality education, Ayala-led APEC Schools announced that it is offering 3,500 seats for free to public school Grade 10 graduates entering senior high school. 

Aiming to help prepare the public for disasters, Cebuana Lhuillier will hold a disaster resilience forum on January 27 at the Makati Shangri-La. The event, called “2016 Ready: Disaster Resilience Forum – The Role of Microinsurance in Building Disaster-Resilient Communities,” was organized in observance of January as Microinsurance Month. 

The I AM S.A.M. (Shakers and Movers) Foundation Inc., in partnership with the Global Education Motivators (GEM)- USA, will be hosting the 2016 United Nations Student Leadership Conference on Development (UNSLCD) with the theme “Urban Development and the Sustainable Development Goals” on February 15, 2016 from 5:00 PM to 3:00 AM of February 16 at the University of Makati, Makati City.

By Riza Lozada Listed developer DoubleDragon Properties Corp. (DD) has filed with the Securities and Exchange Commission (SEC) documents for its proposal to raise its capital stock up to P20.5 billion to support the launching of major projects this year. 

Mining firm Benguet Corp. reported to the bourse a 647.1 million wet metric tons (WMT) increase in the ore inventory of its unit Benguetcorp Nickel Mines Inc. (BNMI).

The Manila Electric Co. (Meralco) signed last January 7 a joint venture agreement (JVA) and Shareholding Agreement (SHA) with Repower Energy Development Corp. (Repower) for the development of hydroelectric power plants.

Victoria’s Milling Co. (VMC) reported consolidated profit of P292 million for the final quarter of its fiscal year that ended November 30.

Four fraudsters in Cebu City were recently arrested by a joint police and Globe Telecom security team after they submitted fake documents in applying for postpaid accounts that included provision for high-end smartphones. 

By Riza Lozada The Securities and Exchange Commission (SEC) has approved the extension of the effectivity of financial statements from 135 to 180 days to align with regional standards as part of the Association of Southeast Asian Nations (Asean) market integration.