First GenThe board of directors of First Gen Corporation on its meeting held on Dec. 9, 2020 approved the declaration of cash dividends on the company’s outstanding preferred shares as follows: P0.02 per share on all outstanding Series B preferred shares, P0.01 per share on all outstanding Series E preferred shares, P3.8904 per share on the 104,400,800 outstanding Series G preferred shares and P0.38904 per share on the 13,750,000 outstanding Series G preferred shares issued to First Philippine Holdings Corporation by way of private placement. The cash dividends have a record date of Dec. 23, 2020 and a payment date of Jan. 25, 2021.

Lopez HoldingsLopez Holdings Corporation (LPZ) on Dec. 14 filed a petition for voluntary delisting of its 4,628,672,611 common shares from the main board of the Philippine Stock Exchange (PSE), conditioned on the public float of the company falling below the minimum public ownership (MPO) requirement upon the completion of a tender offer for LPZ shares by associate First Philippine Holdings Corporation. The PSE requires listed firms to have an MPO of 10%.

The maintenance of First Balfour’s ISO 14001 certificate and its successful transition to ISO 45001 were confirmed by TÜV SÜD Philippines on Nov. 12Along with maintaining its certification to ISO 14001:2015 for its environmental management system, First Balfour has also migrated to ISO 45001:2018 for its occupational health and safety (OHS) management system.

First Philippine HoldingsThe board of directors of First Philippine Holdings Corporation (FPH) approved on Dec. 1, 2020 the conduct of a tender offer to acquire a minimum of 20% and up to a maximum of 45.56% of the total issued and outstanding common shares of Lopez Holdings Corporation (LPZ) from all the shareholders of LPZ excluding the shares owned by its ultimate parent entity Lopez Inc., which has agreed not to tender its common shares, at a price of P3.85 per common share.