Rokajax search
Tuesday, 27th September 2022
|
In disclosures to both the Philippine Stock Exchange and the Securities Exchange Commission on Sept. 1, 2022, Sky Vision Corporation, ABS-CBN Corporation, Lopez Inc. and Cignal Cable Corporation announced that they have mutually agreed to terminate the sale and purchase agreement dated Aug. 10, 2022 covering the proposed acquisition by Cignal Cable of 38.88% equity interest in Sky Cable Corporation and the debt instruments agreement dated Aug. 10, 2022 covering the proposed subscription by Cignal Cable to an exchangeable debt instrument to be issued by Sky Vision and the proposed acquisition by Cignal Cable of a convertible note issued by Sky Cable. The termination was formalized through a memorandum of agreement. The parties confirmed that they have not implemented any of the transactions covered by the sale and purchase agreement and the debt instruments agreement.
L-R: First Gen AVP Arlene Sy Soriano and VP Carlo Vega with Monde Nissin COO Michael Stanley Tan and Sarimonde Foods operations head Rico BautistaMonde Nissin Corporation (MNC) is moving towards the use of renewable energy (RE) with First Gen Corporation subsidiary Energy Development Corporation (EDC) to fortify its commitment to find sustainable solutions for food security.
Lopez Group Foundation Inc. president Mercedes Lopez Vargas (5th from left) joins FPIP president Giles Puno (3rd from left) and (l-r) AVP-Park Utilities Jason de las Alas, former SVP-Industrial Business Tatsuya Watanabe, SVP-Construction Management Alexander Roque, VP-Commercial Properties Manuel Lizardo and construction management senior manager Jeffrey Panado during the blessing of Consuelo ParkWithin the bustling manufacturing estate of First Philippine Industrial Park (FPIP) lies Consuelo Park, a charming recreational park. Its scenic terrain of lush greens emulates ease and tranquility, offering locator-employees and guests a retreat away from the busy streets and factories that surround it.
SKY bolsters its efforts to curb illegal cable cutting incidents affecting cable TV and internet services of its subscribers by officially partnering with major telco providers, the Philippine Cable and Telecommunications Association (PCTA) and local government units in the strengthened “Oplan Kontra Putol” campaign.
First Gen Corporation reported increased revenues from the sale of electricity in the first semester of 2022 at P65.7 billion ($1,273 million), a 21% positive change of P14.8 billion ($219 million) from P50.8 billion ($1,054 million) in the previous year. The higher revenues were derived from electricity sales attributed to elevated fuel and Wholesale Electricity Spot Market (WESM) prices.
