MVP ready for face-off vs Dennis Uy in telco supremacy
PLDT Inc. is ready to take on a new competitor with the expected entry of Dito Telecommunity in the second half of 2020.
“If they are there, we will be ready,” PLDT chair and CEO Manuel V. Pangilinan told reporters in a recent interview. READ MORE
JOLLIBEE IS UNDER-VALUED
Latest Updates: Jollibee Worldwide Pte. Ltd. (JWPL, the “Issuer”), a wholly owned subsidiary of Jollibee Foods Corporation (the “Guarantor”) has mandated Citigroup Global Markets Singapore Pte. Ltd. (“Citigroup”) and J.P. Morgan (S.E.A.) Limited (“J.P. Morgan”) as Joint Global Coordinators, and Citigroup, Credit Suisse, J.P. Morgan, and Mizuho Securities as Joint Lead Managers and Joint Bookrunners to arrange a series of fixed income investor meetings in Hong Kong, Singapore, and London commencing on January 13, 2020. A Reg S only U.S. dollar- denominated guaranteed Senior Perpetual Capital Securities offering may follow subject to market conditions. Proceeds from the contemplated offering are intended primarily to refinance the short-term debt from the acquisition of International Coffee and Tea, LLC (The Coffee Bean & Tea Leaf®), completed on September 24, 2019, as well as fund initiatives aligned with Issuer’s general corporate purposes. The Securities will be accounted for as equity, and will strengthen the balance sheet of the Guarantor, in line with its policy of prudent financial management.
- These 3 Stocks are good for value investing
- Fundamentally and Technical they look all good
- Remember ensure that your funds are all kept at different sector and don’t focus on one sector – always have a diversification
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