Allied Banking Corporation

Entity type image
Type: Company
Name: Allied Banking Corporation
First reported 6 hours ago - Updated 6 hours ago - 1 reports

PNB, Eton Properties lift Lucio Tan holding firm's 1Q profit

InterAksyon.com means BUSINESSMANILA - The holding firm of Lucio Tan grew its earnings by more than a third in the first quarter buoyed by its banking and property units, as the liquor and tobacco businesses took a hit from a new law that hiked excise ... [Published Interaksyon - 6 hours ago]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Online shopping with PNB/Allied cards

MANILA, Philippines - It is now easy to surf and shop online with the Philippine National Bank (PNB)/Allied Banking Corp. credit card. Shop at www.metrodeal.com and www.lazada.com.ph and enjoy remarkable discounts and even earn shopping credits. MetroDeal ... [Published Philippine Star - May 13 2013]
First reported May 09 2013 - Updated May 09 2013 - 1 reports

Top Story: Finance chief wants public float floor raised

"The deeper the float, the better for price discovery, especially in our markets. So at this point, one of the next steps is to talk about adjusting it upwards to more than 10%," Finance Secretary Cesar V. Purisima told reporters. "As to what the number ... [Published Business World - May 09 2013]
First reported May 03 2013 - Updated May 03 2013 - 1 reports

Senators disclose riches in SALNs

MANILA, Philippines - Three more millionaire senators have filed their Statements of Assets, Liabilities and Net Worth (SALN).In his SALN, Sen. Teofisto Guingona III's net worth went down by at least P40 million in 2012 compared to the previous year due ... [Published Philippine Star - May 03 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Underwriter buys more shares in Lucio Tan's listed holding firm

InterAksyon.comThe online news portal of TV5MANILA - The underwriter of LT Group Inc's (LTG) recent equity offering has moved to purchase additional shares in the listed holding firm of Lucio Tan.In a disclosure to the Philippine Stock Exchange, LTG said ... [Published Interaksyon - Apr 23 2013]
First reported Apr 19 2013 - Updated Apr 19 2013 - 1 reports

Cosmos Bottling to delist from stock market

"We respectfully petition the PSE to issue an order delisting the shares of Cosmos from the PSE effective on June 21, which is at least 60 days from the filing of this petition, subject to payment of the voluntary delisting fee to the PSE, as prescribed ... [Published Business World - Apr 19 2013]
First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

LT Group offers biggest IPO

The LT Group, Inc. (LTG), the primary vehicle for the holding and management of the diversified business interests of the family of Dr. Lucio C. Tan, yesterday puts itself on record as having the biggest initial public offering so far in the business ... [Published Malaya Business Insight - Apr 17 2013]
First reported Apr 17 2013 - Updated Apr 17 2013 - 2 reports

LTG IPO breaks new ground for local capital markets

font size decrease font size increase font sizeConglomerate LT Group Inc. (LTG) successfully priced its P37.72 billion initial public offering (IPO) at P20.50 per share.The offering breaks new ground for the local capital market, representing the ... [Published Philippines Daily Tribune - Apr 17 2013]
First reported Apr 07 2013 - Updated Apr 07 2013 - 1 reports

Court junks rehab plea of Uniwide affiliate

Although USRRC had indicated in its court petition several cases filed by its parent company in the SEC and the withdrawal of the rehabilitation petition, the court noted that the company did not mention that the rehab plea was junked by the SEC hearing ... [Published Philippine Daily Inquirer - Apr 07 2013]
First reported Feb 12 2013 - Updated Feb 12 2013 - 2 reports

LTG buys 30.5% stake in PNB

Consolidation of banking interests in holding companyTycoon Lucio Tan has started the consolidation of his banking units into holding firm LT Group Inc. (LTG) with the purchase of a 30.5-percent stake in Philippine National Bank, the surviving entity ... [Published Philippine Daily Inquirer - Feb 12 2013]
First reported Feb 11 2013 - Updated Feb 11 2013 - 1 reports

PNB, Allied Bank execute merger

MANILA, Philippines—Tycoon Lucio Tan's banking arms Philippine National Bank and Allied Banking Corp. have executed a much-awaited merger via a share swap deal.Office-in-charge Omar Byron Mier was appointed the PNB board president of the merged bank, ... [Published Philippine Daily Inquirer - Feb 11 2013]
First reported Dec 03 2012 - Updated Dec 03 2012 - 2 reports

CA extends freeze order on bank accounts of Aman Futures

MANILA (Updated 6:25 p.m.) -- The Court of Appeals extended Monday for six more months the freeze order on the assets and bank accounts of Aman Futures Group Philippines Inc. and of its key executives who are facing several syndicated estafa charges at ... [Published Sun Star Network - Dec 03 2012]

Quotes

"The implementation of the new excise taxtax law in January 2013 necessitated significant increases in the selling prices of alcohol and tobacco products which adversely affected sales volumes from these sectors" LTG said
...So at this point, one of the next steps is to talk about adjusting it upwards to more than 10%," Finance Secretary Cesar V Purisima told reporters. "As to what the number is, we don?t have anything in mind yet. I don?t have any fixed ideas yet on what percentage will be, except that I think we need to continue to deepen the market" he added. Listed firms were given up to the end of last year to raise their public ownership levels to 10% and those that failed to do have been suspended...
"We respectfully petition the PSE to issue an order delisting the shares of Cosmos from the PSE effective on June 21, which is at least 60 days from the filing of this petition, subject to payment of the voluntary delisting fee to the PSE, as prescribed under the Delisting Rules" the company said in a disclosure on Friday...
"This offering validates LTG's position as a leading conglomerate in the Philippines. We look forward to the next stage of LTG's evolution as a listed company" said Tan, LTG chairman and chief executive officer

More Content

All (27) | News (26) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
PNB, Eton Properties lift Lucio Tan holding fir... [Published Interaksyon - 6 hours ago]
Online shopping with PNB/Allied cards [Published Philippine Star - May 13 2013]
Top Story: Finance chief wants public float flo... [Published Business World - May 09 2013]
Senators disclose riches in SALNs [Published Philippine Star - May 03 2013]
Underwriter buys more shares in Lucio Tan's lis... [Published Interaksyon - Apr 23 2013]
Cosmos Bottling to delist from stock market [Published Business World - Apr 19 2013]
LT Group offers biggest IPO [Published Malaya Business Insight - Apr 17 2013]
LTG IPO breaks new ground for local capital mar... [Published Philippines Daily Tribune - Apr 17 2013]
Lucio Tan's listed holding firm raises P37.72-b... [Published Interaksyon - Apr 17 2013]
Court clears banks on mine project [Published Business World - Apr 15 2013]
Court junks rehab plea of Uniwide affiliate [Published Philippine Daily Inquirer - Apr 07 2013]
LTG buys 30.5% stake in PNB [Published Philippine Daily Inquirer - Feb 12 2013]
Lucio Tan group buys 30.5% of PNB [Published Philippine Daily Inquirer - Feb 12 2013]
PNB, Allied complete merger via share-swap deal [Published Philippine Daily Inquirer - Feb 11 2013]
PNB, Allied Bank execute merger [Published Philippine Daily Inquirer - Feb 11 2013]
Long wait is over for PNB, Allied Bank merger [Published Philippine Daily Inquirer - Jan 22 2013]
PNB-Allied merger to push through by February [Published Philippine Daily Inquirer - Jan 18 2013]
PNB-Allied Bank merger gets nod of SEC, UK regu... [Published Philippine Daily Inquirer - Jan 18 2013]
Alphaland seeks lifting of trading suspension [Published Philippine Daily Inquirer - Jan 06 2013]
PSE to suspend trading of 7 listed firms on Jan. 2 [Published Philippine Daily Inquirer - Dec 30 2012]
19 firms still below PSE’s minimum public float... [Published Philippine Daily Inquirer - Dec 19 2012]
25 firms may be delisted from PSE for not meeti... [Published Philippine Daily Inquirer - Dec 10 2012]
CA extends freeze order on bank accounts of Ama... [Published Sun Star Network - Dec 03 2012]
Freeze order on Aman bank accounts extended for... [Published Philippine Daily Inquirer - Dec 03 2012]
World Business Quick Take [Published Taipei Times Online - Nov 21 2012]
PAL, Air Phil not included in reorganized Lucio... [Published Philippine Daily Inquirer - Oct 31 2012]
Fact Sheet for Allied Banking Corporation [Published Able2Act - Mar 18 2008]
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2013 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.