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2TradeAsia

  1. Lucio Tan aims to start PNB-ABC merger process by August, due diligence to start by June.
  2. ABSCBNNews.com: Arrest warrant out for Globe Asiatique's Lee abs-cbnnews.com/business/05/23… via @ABSCBNNews
  3. CAL tumbled to P7.10/share as of 9:40am from P7.50 offer price
  4. Adjustments to float levels of index companies: www2.pse.com.ph/html/NewsRoom/…
  5. Calata (CAL) would be listed today (23 May) on the Exchange (PSE), under stock symbol of ‘CAL’
  6. Sources claimed SM's acquisition of majority block in Ortigas Holdings was delayed due to ‘some opposition’ from... fb.me/1M7ARBLsQ
  7. 23 May Daily Market Outlook: Indication of support for more stimulus measures in China & Europe might prod brave... fb.me/1xQHKcNMw
  8. ANI to incorporate a new unit in Hong Kong, with the purpose to acquire firms in the latter & China,mulls listing of the same in HK Exchange
  9. On ALI: Ratio was set at 1 voting pref. share for every 1 common share (1:1), priced at P0.10 apiece. Offer period: 18-22 June
  10. ALI to sell preferred shares via stock rights offer (SRO) to existing stockholders as of 06/04.
  11. PHES to develop its property in Valenzuela into a residential/business/commercial condo/subdivision project via joint venture w/ Avida Land
  12. FrieslandCampina extended tender offer deadline of Alaska Milk (AMC) shares to 06 June from 23 May.
  13. @TraderCheck The shutdown was part of PCOR's refinery maintenance. It should not adversely affect the latter's price movement. :)
  14. Otto Energy Ltd. said production reserves at Galoc stood at 12.58bn barrels, 19.7% more than initial estimates.... fb.me/CS3RHXtX
  15. Roberto Ongpin groups’ Rodolfo Ponferrada said PX's derivative suit against the latter last year for insider... fb.me/1Z2G56pbc
  16. RFM via its joint venture (JV) with Unilever, is considering to set up a Magnum ice cream brand plant in the... fb.me/1E288rvaH
  17. BPI eyes to extend loans to small- & medium-sized agribusinesses, as it continues to collaborate with... fb.me/1HriLjIMt