Latest news with #PSE
GMA Network
2 days ago
- Business
- GMA Network
Ayala Corp. raises P20 billion from preferred share offer
(from left) Ayala Corporation Head of Corporate Strategy and Business Development Mark Robert H. Uy, Treasurer Estelito C. Biacora, Chief Legal Counsel Franchette M. Acosta, Comptroller Josephine G. De Asis, Deputy CFO Juan Carlos L. Syquia, CFO Alberto M. De Larrazabal, SEC Commissioner McJill Bryant T. Fernandez, SEC Chairperson Francis Edralin Lim, PSE President and CEO Ramon S. Monzon, COO Roel A. Refran, PSE Head of Issuer Regulation Division Marigel Baniqued-Garcia, and PSE General Counsel Veronica V. Del Rosario. Courtesy: Ayala Corp. Ayala Corp., the country's oldest conglomerate, has raised P20 billion from its preferred share offer, on the back of "substantial" interest from institutional and retail investors. The company sold a total of 5 million shares as the base offer and an oversubscription of 5 million shares, issued at P2,000 per share payable quarterly with an initial dividend rate of 6.2903% per annum. "The successful re-issuance and listing amidst global market uncertainties of our Preferred Class 'B' Shares reflects the enduring support of the investing public in both Ayala and the Philippine capital markets," Ayala Corp. president and chief executive officer Cezar Consing said in an emailed statement. "The Ayala Group accounts for 24% of the total outstanding preferred shares in the domestic market," he added. The shares were listed on the Philippine Stock Exchange (PSE) on Thursday, with Ayala represented by chief finance officer Alberto de Larrazabal, deputy chief finance officer Juan Carlos Syquia, chief legal officer Franchette Acosta, treasurer Estelito Biacora, and head of corporate strategy and business development Mark Robert Uy. "This issuance underscores the continued ability of Philippine corporate issuers like Ayala Corporation to access capital markets effectively, supporting their growth and optimizing capital despite uncertain and volatile market conditions," Larrazabal said. Ayala Corp. booked an all-time core net income in 2024 following the strong performance across its banking, property, telecommunications and infrastructure businesses. In its disclosure to the PSE last March, the company reported a core net income of P45 billion, up 10% year-on-year. — VDV, GMA Integrated News
GMA Network
10-06-2025
- Business
- GMA Network
New SEC chief Lim vows reforms to boost PH capital market
Newly appointed Securities and Exchange Commission (SEC) chairman and CEO Francis Lim on Tuesday revealed his plans to elevate the status of the Philippines' capital market, which he said was "lagging behind" its regional counterparts. Lim replaced Emilio Aquino, who retired as the head of the corporate regulator after a seven-year tenure. In his address during the ceremonial turnover of the SEC leadership, Lim said, 'Let's also be honest: the Philippine capital market has been lagging behind.' He was referring to the Organisation for Economic Co-operation and Development's (OECD) 2024 Philippine Capital Market report, which, among others, observed that 'the Philippines stock market has remained relatively small' with 269 listed companies on the Main Board and a total of $234 billion market capitalization, equivalent to 53% of the country's gross domestic product (GDP). 'Compared to peer countries, the Philippines has the lowest number of listed companies and ranks second to last in terms of market capitalization as a share of GDP,' according to the OECD. Lim said he wants a 'more accessible' capital market. 'We will leave no stone unturned to catch up. This means working not only within the SEC but also with partners such as the PSE (Philippine Stock Exchange), PDEx (Philippine Dealing and Exchange Corporation), non-governmental organizations, and the three branches of government to push for meaningful reforms,' the SEC chief said. 'Our first order of business is urgent and clear: resolve all pending applications quickly and responsibly. The law sets clear timeframes. We will work to further simplify and streamline everything we ask from the public. I know that some steps have been undertaken along this line, and we are committed to pursuing them with more vigor,' he added. Lim said that 'every requirement must be justified.' 'No more piecemeal requests. Let's make it easier to comply and harder to delay,'' he added. In an interview with reporters following the ceremony, Lim said that the 'simplification of processes and systems will play a key role' in boosting the country's capital market. Apart from easing regulatory processes, the corporate regulator chief said, 'What I intend to do is to plant the seeds of investor education way down at the school level.' 'I want to make financial literacy part of high school subjects that early… In other words, every college student, regardless of the course that they would major in, should have a financial literacy program—knowledge of how the capital markets, stock market, bond market, how to go about investments, and so on,' he said. Moreover, he said he would form groups composed of leaders from the PSE and PDEx. ''Small groups to tell us what needs to be done, how to amend the rules, how to streamline, and so on and so forth. Simple but easy to enforce or implement,'' he said. —VBL, GMA Integrated News
Wales Online
09-06-2025
- Health
- Wales Online
Gabby Logan's husband Kenny knew something was seriously wrong after simple question
Gabby Logan's husband Kenny knew something was seriously wrong after simple question Gabby Logan's husband and rugby star Kenny Logan has since called for a programme to be rolled out across the UK, in a bid to identify the diagnosis before it has a chance to deteriorate Kenny Logan was given the all-clear in February 2023 Gabby Logan's husband Kenny Logan has recalled the moment he was told he had prostate cancer. The 53-year-old discovered his cancer after undergoing a Prostate Specific Antigen (PSA) test by chance. At the time, he had no symptoms that were of concern, but was encouraged to undergo a test by his wife, following a conversation about changes in midlife on her The Midpoint podcast. Realising how quick and easy the test was, Kenny decided to give it a go assuming all would be fine. As a result, he was told that his PSE (prostate-specific antigen) level was a bit high, which prompted doctors to keep an eye on him. Speaking on BBC Radio 2's Tracks Of My Years, the rugby star told Vernon Kay: "I thought I'd be fine, [I] tested every six months, 'Yeah you're fine' and then I couldn't do the meeting, so I said [to the doctor] 'Can just we do a zoom?' "And he said, 'Yeah, yeah fine, I'll get the results', thinking it'll be like the same as it was last time. Article continues below Kenny Logan was encouraged to undergo a test by his wife Gabby Logan "He said, 'Is Gabby with you?' and I went 'Yep', and as soon as he said, 'Is she with you?' I just knew something was not right. "He was right, I've got prostate cancer." Kenny was then given the choice of having; brachytherapy, radiotherapy or surgery to have it removed, to which he opted for the latter. The father-of-two believes that if he had not gone for the test voluntarily, his prognosis could have been far more devastating. In 2022, he told BBC Sport: "I decided to take it out. I'm now three months since the operation, had the prostate out, I'm probably 95 per cent back to normal. I'm extremely lucky." In February 2023, he was given the all-clear. Kenny has since called for men to be tested for prostate cancer from the age of 45, following Sir Chris Hoy's diagnosis. The six-time Olympic cycling champion announced in October 2024 that his prostate cancer diagnosis was terminal after the primary cancer spread to his bones. Kenny wants to see a programme rolled out across the UK which could identify the diagnosis, before it has a chance to deteriorate. He told Daily Mail Sport: "Fifty feels a bit old. It should be like an MOT. It should be the first thing that happens. You've got to go and get tested. "All of this is putting more pressure on the NHS, and pressure on families? The way to attack it is to get it early." Scotland rugby star Kenny Logan 'knew' bad news was coming after one simple question As it stands, routine PSA testing is not offered on the NHS, though a patient may be offered a PSA test if a doctor thinks they have symptoms that could be prostate cancer. If you're having treatment for a prostate condition, you may be offered regular PSA tests to check how the treatment is working. According to Prostate Cancer UK, there are NHS guidelines for testing men without symptoms via the Prostate Cancer Risk Management Programme (PCRMP). It states: 'Any asymptomatic man, aged 50 and over can make an appointment with their GP to discuss having the PSA test. GPs should not proactively raise the issue with asymptomatic men. "The PCRMP provides good quality evidence-based information to help guide primary health care professionals in these discussions. "Men aged 50 and over who decide to have a PSA test based on this balanced information can do so for free on the NHS.' What the NHS says Prostate cancer usually develops slowly over time, so there may be no signs for many years. Symptoms of prostate cancer do not usually appear until the prostate is large enough to affect the tube that carries urine from the bladder out of the penis (urethra). When this happens, you may notice things like: Article continues below an increased need to pee straining while you pee a feeling that your bladder has not fully emptied These symptoms should not be ignored, but they do not mean you have prostate cancer. Seek advice from your GP if you are concerned.
GMA Network
08-06-2025
- Business
- GMA Network
PSE accounts up 50%, hit 2.86 million in 2024
There were 2.86 million stock market accounts in the PSE in 2024, up 50.1% from the 1.91 million accounts in the previous year. Stock market accounts in the Philippine bourse surpassed the two-million mark in 2024, with millennials and Gen Z making up the majority group of investors as those from Generation X and the Baby Boomer generation declined, data released by the Philippine Stock Exchange (PSE) revealed. There were 2.86 million stock market accounts in the PSE in 2024, reflecting a 50.1% increase from the 1.91 million accounts in the previous year. The PSA attributed this to the 62.0% increase in online accounts to 2.47 million from 1.53 million. 'This 50% jump in number of accounts is the highest we have recorded since we started tracking the investor count and profile in 2008,' PSE president and chief executive officer Ramon Monzon said in an emailed statement. 'This substantial growth was made possible by the enabling of digital platforms to connect to PSE's trading engine, thereby facilitating the trading by investors in the market. PSE is committed to being true to its advocacy of promoting financial inclusion,' he added. Retail investors accounted for 98.9% of total accounts, while institutional investors made up the remaining 1.1%. Local investors owned 99.0% of accounts, while the rest were owned by foreign investors. Broken down, the biggest age group of retail investors was held by millennials or those aged 30 to 44 with 48.8% of total accounts, up from 45.6% the past year. They also accounted for 51.6% of online accounts, up from 49.0% in 2023. Investors aged 18 to 29, falling under Gen Z, held 26.5% of total accounts, up 19.5% year on year. They also held 28.4% of online accounts, up from 21.5% previously. Millennials and Gen Z accounted for a total of 75.3% of total retail accounts, and 80% of online accounts. The two remaining age groups posted declines—the 45 to 59 age group or Generation X posted a decline to 17.4% of total accounts from 20.2% previously, and 16.3% of online accounts from 18.6%; while those aged 60 and above accounted for 7.3% of total accounts from 14.8%, and to 3.7% from 10.9% of online accounts. Local investors accounted for 99.4% of the total, with those in Metro Manila posting a decline to account for 49.3% of total investors from 68.2% the past year, while other areas in the country posted increases. Balance Luzon accounted for 28.4%, Visayas with 10.8%, and Mindanao with 10.9%. The remaining 0.6% of the total accounts were held by foreign nationalities, with the most number of accounts being Japanese with 19.9%, Chinese with 19.8%, and Americans with 13.0%. Female investors made up 50.7% of total accounts and 50.8% of online accounts, while the male investors shared 49.3% of total accounts and 49.2% of online accounts. The biggest chunk or 82.4% of total retail accounts were made of investors making less than P500,000 yearly. They were followed by investors earning above P1 million with 10.9%, and those earning between P500,000 and P1 million with 6.7%. 'We continue to see the impact of partnerships between PSE-accredited trading participants and digital platforms as we see a younger and more geographically diverse investor base,' Monzon said. — BM, GMA Integrated News
Yahoo
06-06-2025
- Business
- Yahoo
Asian Dividend Stocks To Consider In June 2025
As global markets grapple with ongoing trade policy uncertainties and fluctuating economic indicators, Asian equities present a unique landscape for investors seeking stability and growth. In this environment, dividend stocks in Asia can offer attractive opportunities due to their potential for reliable income streams amidst market volatility. Name Dividend Yield Dividend Rating Yamato Kogyo (TSE:5444) 4.49% ★★★★★★ Nissan Chemical (TSE:4021) 4.24% ★★★★★★ Japan Excellent (TSE:8987) 4.38% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.46% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.45% ★★★★★★ GakkyushaLtd (TSE:9769) 4.62% ★★★★★★ DoshishaLtd (TSE:7483) 4.16% ★★★★★★ Daicel (TSE:4202) 5.01% ★★★★★★ CAC Holdings (TSE:4725) 4.84% ★★★★★★ Asian Terminals (PSE:ATI) 6.38% ★★★★★★ Click here to see the full list of 1247 stocks from our Top Asian Dividend Stocks screener. Let's dive into some prime choices out of the screener. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Dream International Limited is an investment holding company that specializes in the design, development, manufacturing, and sale of plush stuffed toys, plastic figures, dolls, die-casting products, and fabrics across various international markets with a market cap of approximately HK$4.25 billion. Operations: Dream International Limited generates revenue primarily from plush stuffed toys (HK$2.77 billion), plastic figures (HK$2.31 billion), and tarpaulin (HK$373.31 million). Dividend Yield: 9.6% Dream International's dividend yield is among the top 25% in the Hong Kong market, with a payout ratio of 55% indicating coverage by earnings. However, dividends have been volatile over the past decade. The company recently increased its final dividend to HK$0.40 per share for 2024, totaling HK$270.75 million, up from HK$236.90 million in 2023. Despite stable cash flow coverage at a cash payout ratio of 76.3%, historical volatility remains a concern for investors seeking reliability. Delve into the full analysis dividend report here for a deeper understanding of Dream International. The analysis detailed in our Dream International valuation report hints at an deflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Qingdao East Steel Tower Stock with a market cap of CN¥10.20 billion, manufactures and markets steel structure products in the People's Republic of China. Operations: Qingdao East Steel Tower Stock generates its revenue primarily from the production and sale of steel structure products within China. Dividend Yield: 3.7% Qingdao East Steel Tower Stock Co. Ltd offers a dividend yield in the top 25% of the Chinese market, supported by a payout ratio of 62% and a cash payout ratio of 36%, ensuring coverage by earnings and cash flows. Despite an increase in dividends over the past decade, historical volatility raises concerns about reliability. Recent approval of a CNY 3 dividend per 10 shares for 2024 highlights ongoing commitment to shareholder returns amidst fluctuating earnings performance. Click here to discover the nuances of Qingdao East Steel Tower StockLtd with our detailed analytical dividend report. Upon reviewing our latest valuation report, Qingdao East Steel Tower StockLtd's share price might be too pessimistic. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Kurabo Industries Ltd. operates in the textile, chemical, technology, food and service, and real estate sectors both in Japan and internationally with a market cap of ¥125 billion. Operations: Kurabo Industries Ltd.'s revenue segments include Chemical Products at ¥66.04 billion, Textile Business at ¥48.59 billion, Environmental Mechatronics Business at ¥22.19 billion, Food and Services at ¥10.50 billion, and Real Estate at ¥4.16 billion. Dividend Yield: 3.8% Kurabo Industries offers a stable dividend yield of 3.8%, supported by a low payout ratio of 34.9% and an 87% cash payout ratio, indicating strong coverage by earnings and cash flows. Dividends have grown consistently over the past decade, with recent increases to ¥141 per share for fiscal year ending March 2026. However, ongoing legal issues related to a fire incident may impact financial stability, as damages sought total ¥3.66 billion (JPY). Unlock comprehensive insights into our analysis of Kurabo Industries stock in this dividend report. Upon reviewing our latest valuation report, Kurabo Industries' share price might be too optimistic. Dive into all 1247 of the Top Asian Dividend Stocks we have identified here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:1126 SZSE:002545 and TSE:3106. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
