Union Bank of the Philippines concludes its P12-billion stock rights offering with the listing of its shares at the Philippine Stock Exchange. Proceeds from the SRO will be allocated for capital infusion in wholly-owned UnionDigital Bank and for loan availments of the bank’s various customer segments. Attending the listing ceremony are (from left): Aboitiz Equity Ventures chief finance officer Jose Emmanuel Hilado, UBP director and chief finance officer Manuel Lozano, UBP directors Ana Maria Delgado and Samel Aboitiz, UBP president and chief executive Edwin Bautista, PSE president and chief executive Ramon Monzon, PSE COO Roel Refran, PSE Issuer Regulation Division head Marigel Garcia, Securities Clearing Corporation of the Philippines COO Renee Rubio and PSE general counsel Veronica Del Rosario.
An artist makes a sandcastle at the white beach of Puerto Galera in Mindoro on Wednesday. Business establishments in the...Read more