+ Follow FILIPINO FUND INC Tag
FILIPINO FUND INC
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[results] => Array
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[0] => Array
(
[ArticleID] => 1548258
[Title] => Gaisano Group embarks on P2.5-B expansion
[Summary] => The Gaisano-led Metro Retail Stores Group Inc. (MRSGI) plans a P2.5-billion expansion until 2017, which includes opening at least three more department stores and two supermarkets in Metro Manila and the Visayas.
[DatePublished] => 2016-01-31 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-as-usual/20151221/Frank-Gaisano.jpg
)
[1] => Array
(
[ArticleID] => 1486960
[Title] => Gaisano’s Metro Retail files P5.6-B IPO
[Summary] => The Gaisano family’s Metro Retail Stores Group Inc. formally filed with state securities regulators its application for an initial public offering to raise about P5.6 billion.
[DatePublished] => 2015-08-11 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 1481276
[Title] => Gaisano may go public this year
[Summary] => The Cebu-based Metro Gaisano group is reviving plans to go public this year as it seeks to raise funds to expand its growing network, industry sources said.
[DatePublished] => 2015-07-26 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 215064
[Title] => Gaisano to embark on backdoor listing
[Summary] => The Gaisano Group, the dominant retail chain in the southern Philippines, will do a backdoor listing on the Philippine Stock Exchange through listed mutual fund firm Filipino Fund Inc. (FFI).
In a disclosure to the Philippine Stock Exchange, FFI said the Gaisano’s Cebu-based retailing firm Vicsal Development Corp. has offered to purchase 16.1 million shares or 67 percent of FFI’s outstanding capital stock at P5.70 per share or a total of P91.77 million. FFI is majority owned by the Ayala Group.
[DatePublished] => 2003-07-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 206202
[Title] => Filipino Fund spins off new unit to hold its assets
[Summary] => Filipino Fund Inc., a closed-end investment company partly owned by the Ayalas, has spun off a new company that will hold its assets, including its stock investments, as part of its quasi-reorganization plan.
The quasi-reorganization plan entails the unbundling of Filipino Fund’s assets and lodging of its listed equities and other income under a new company named Philippine Index Fund (PIF).
It also involves the reduction of Filipino Fund’s authorized capital stock and the return of capital to shareholders of Filipino Fund in the form of PIF shares.
[DatePublished] => 2003-05-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 199135
[Title] => FFI gets SEC nod for cut in capital stock
[Summary] => Publicly-listed mutual fund Filipino Fund Inc. (FFI) has secured the approval of the Securities and Exchange Commission for the reduction of its capital stock ahead of a corporate reorganization to spin off a new open-ended fund.
From a capital base of P850 million, FFI trimmed it down to P78.95 million, both from the same number of shares at P1 par value.
"The amendment will result to a reduction of 970 shares for every 1,000 shares currently held," FFI said in its notice to shareholders.
[DatePublished] => 2003-03-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 193152
[Title] => Listing of exchange traded funds mulled
[Summary] => The Philippine Stock Exchange is considering the listing of exchange traded funds (ETF) as part of efforts to expand the range of financial products available to the investing public aside from the traditional securities and warrants.
ETFs are open-ended funds which track indexes or sectoral baskets of securities that are listed and traded on a stock exchange. Investors may diversify their portfolios by investing in a single unit of ETF which conveys ownership in a group of securities representing specific industries or market sectors.
[DatePublished] => 2003-01-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 191561
[Title] => SEC urges public to invest in mutual fund firms
[Summary] => The Securities and Exchange Commission is urging the public to invest in mutual fund firms rather than in get-rich-quick schemes which more often than not leave many investors with an empty savings account.
"Instead of putting your money in scam, put it in the market. Another alternative is to invest in mutual fund firms," an SEC official said.
The SEC official said the public should learn from the string of investment scams that have been exposed last year and should think twice before parting with their hard-earned money.
[DatePublished] => 2003-01-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 182400
[Title] => Filipino Fund to restructure
[Summary] => Filipino Fund Inc., the only publicly-listed mutual fund at the Philippine Stock Exchange, is on its way to a corporate reorganization that would pave the way for the spin-offs of its listed stock holdings into an open-end fund.
The restructuring plan was laid out last year and was approved by the company’s board last September. This month, its investment manager BPI Investment Management Inc. said the FFI shareholders will hold a special meeting to approve the change.
[DatePublished] => 2002-11-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 179414
[Title] => Exemption of mutual firms from docu stamp tax sought
[Summary] => The Philippine Stock Exchange wants mutual fund firms to first list at the exchange to qualify for exemption from the payment of the documentary stamp tax (DST).
The PSE proposal is part of efforts to expand the financial products available to the investing public and to develop the mutual fund industry which has lagged behind neighboring Asian countries.
This was broached by the PSE following reports that the Department of Finance is open to abolishing the DST on stock transactions since the losses would hardly make a ripple in the government’s coffer.
[DatePublished] => 2002-10-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
January 31, 2016 - 9:00am
