Commission Decision No. 20-M-017/2020: Proposed Joint Venture among Axia Power Holdings Philippines Corporation, AC Energy Philippines Inc, and ACE Endevor Inc. over Ingrid Power Holdings Inc.

Commission Decision No. 20-M-017/2020: Proposed Joint Venture among Axia Power Holdings Philippines Corporation, AC Energy Philippines Inc, and ACE Endevor Inc. over Ingrid Power Holdings Inc.   ABSTRACT: The proposed transaction is the formation of a joint venture through the acquisition by AC Energy Philippines, Inc. (AC Energy) and Axia Power Holdings Philippines Corporation (Axia… continue reading ››

Striking while the iron is hot

Striking while the iron is hot By Atty. Macario R. De Claro Jr., CPA October 28, 2020   Months have passed since the national government enforced lockdown measures to curb the onslaught of the Covid-19 pandemic. In that time frame, the world was brought to its knees worse than ever—halting global mobility, accelerating economic slowdown,… continue reading ››

Commission Decision No. 19-M-016/2020: Proposed Joint Venture over Nepwell Property Management, Inc. of Rockwell Land Corporation, NepWell Property Management Inc., TGN Realty Corporation, Hilda Aurora N. Valdes, Patrick Adrian N. Valdes, and Theresa Gracia N. Valdes

Commission Decision No. 19-M-016/2020: Proposed Joint Venture over Nepwell Property Management, Inc. of Rockwell Land Corporation, NepWell Property Management Inc., TGN Realty Corporation, Hilda Aurora N. Valdes, Patrick Adrian N. Valdes, and Theresa Gracia N. Valdes   ABSTRACT: The transaction involves the joint venture between Rockwell Land Corporation (Rockwell), T.G.N. Realty Corporation (TGN), NepWell Property… continue reading ››

Commission Resolution No. 22-2020: Adopting Rules for the Implementation of Section 4(eee) of Republic Act No. 11494, Otherwise Known as the “Bayanihan To Recover As One Act”

Commission Resolution No. 22-2020: Adopting Rules for the Implementation of Section 4(eee) of Republic Act No. 11494, Otherwise Known as the “Bayanihan To Recover As One Act”     *** Rules for the Implementation of Section 4 (eee) of Republic Act No. 11494, Otherwise Known as the “Bayanihan to Recover as One Act,” Relating to… continue reading ››

Commission Decision No. 17-M-014/2020: Proposed Acquisition by Bank of Ayudhya Public Company Limited of Shares in SB Finance Company, Inc.

Commission Decision No. 17-M-014/2020: Proposed Acquisition by Bank of Ayudhya Public Company Limited of Shares in SB Finance Company, Inc.  ABSTRACT The transaction involves the proposed acquisition by Bank of Ayudhya Public Company Limited (Bank of Ayudha) of 7,075,000 common shares of the capital stock of SB Finance Company, Inc (SB Finance) which in turn represents 50% of the… continue reading ››

Commission Decision No. 15-M-010/2020: Proposed Acquisition by Universal Robina Corporation of Assets of Central Azucarera de la Carlota Inc., Roxol Bioenergy Corporation, and Shares in Najalin Agri-Ventures, Inc.

Commission Decision No. 15-M-010/2020: Proposed Acquisition by Universal Robina Corporation of Assets of Central Azucarera de la Carlota Inc., Roxol Bioenergy Corporation, and Shares in Najalin Agri-Ventures, Inc.   ABSTRACT:  The proposed transaction involves the acquisition by Universal Robina Corporation (URC) of: (1) the sugar milling, and bio-ethanol distillery assets of Central Azucarera de la Carlota,… continue reading ››

Commission Decision No. 16-M-013/2020: Proposed Acquisition by DMC-Urban Property Developers, Inc. of Assets of PLDT, Inc.

Commission Decision No. 16-M-013/2020: Proposed Acquisition by DMC-Urban Property Developers, Inc. of Assets of PLDT, Inc.   ABSTRACT: The transaction involves the acquisition of DMC-Urban Property Developers, Inc. from PLDT, of two parcels of land with aggregate area of approximately 2,400 sqm together with improvements consisting of two buildings (Smart Tower I and II), located along Ayala… continue reading ››

Commission Decision No. 14-M-011/2020: Proposed Acquisition by Trident Water Company Holdings Inc. of Shares in Manila Water Company Inc.

Commission Decision No. 14-M-011/2020: Proposed Acquisition by Trident Water Company Holdings Inc. of Shares in Manila Water Company Inc.   ABSTRACT: The proposed transaction is the acquisition by Trident Water Company Holdings Inc. (Trident Water), a subsidiary company of Prime Metroline Holdings Inc. (PMHI), of a 51%-voting interest in Manila Water Company Inc. (Manila Water)…. continue reading ››