Ayala gets SEC nod on P20-B preferred share offer
Provided by Philippine Daily Inquirer.
MANILA, Philippines -- The Securities and Exchange Commission (SEC) has given its go signal for the P20-billion preferred share offer of Ayala Corp.
In a statement on Wednesday, the regulator said its commission en banc had approved the registration statement of Ayala. This covers the reissuance of 5 million preferred B shares. It has an overallotment option of up to 5 million shares in case of high demand.
These will be priced at P2,000 each. Should Ayala fully exercise the overallotment option, it could raise up to P19.86 billion, according to the SEC.
“Proceeds will be used to repay its short-term bank loans, as well as for general corporate purposes and capital expenditures,” the commission said.
The shares will be reissued and listed on the main board of the Philippine Stock Exchange on June 18.
(2025/05/28-11:14)
INQUIRER
- 06/02 14:05 Escudero: No Marcos order to delay Sara Duterte impeachment trial
- 06/02 05:42 DOH laments increase in vaping among youth
- 06/02 05:15 AFP: China paper twisting narratives
- 06/02 05:15 South Korea eyes expanded arms deals with PH
- 06/02 05:05 UP study finds method that can detect breast cancer early
- 06/02 02:10 Gov’t raised P390B in borrowings in April
- 06/02 02:09 Poll: Inflation slowed in May
- 06/02 02:04 Razon challenges tycoons’ energy play
- 06/01 23:02 Macalintal: ‘Can impeachment case be carried over to next Congress?’
- 06/01 16:57 Russian vlogger to serve possible 18 months in PH jail – Remulla
- 05/30 13:56 Timor-Leste set conditions before deporting Teves, says Santiago
- 05/30 12:43 China Coast Guard stops shadowing PH civilian ship in West PH Sea
- 05/30 11:52 Teves now at NBI detention facility in New Bilibid Prison
- 05/30 08:00 First Gen calls for price cap review to attract green energy investors
- 05/30 05:44 Surnames of ‘senators’ also crop up in probe of Sara Duterte funds
- 05/30 02:30 Marcos admin drops plan to sell defense bonds
- 05/30 02:22 Filipino firms spending more on cybersecurity
- 05/29 23:41 PH maintains activities in Pag-asa Island, Pag-asa Cays lawful
- 05/29 16:21 Marcos to meet EU executive during visit to PH on June 2
- 05/29 15:42 West Philippine Sea Atin Ito mission: Crewman recalls first sight of Chinese threat
- 05/29 15:35 Philippines plans to improve livestock, poultry import rules
- 05/29 13:54 Teves turned over to PH authorities, departs Timor Leste for Manila
- 05/29 11:23 China assault on Malaysia sovereignty draws parallels to PH ordeal
- 05/29 11:02 Sara Duterte in The Hague to mark birthday with detained father
- 05/29 10:42 Teves deportation: DOJ mobilizes team to bring him back from Timor-Leste
- 05/29 05:40 DICT tests prototype of ‘homegrown’ AI model, eyes launch before Sona
- 05/29 02:28 Bangko Sentral orders stricter client due diligence
- 05/29 02:16 Philippine insurance sector to outpace global growth
- 05/28 18:09 Comelec to IOM: No voter disenfranchisement in May polls
- 05/28 12:02 No coup on my watch; rumors won’t shake us, says Brawner
- 05/28 11:50 Tito Sotto: No such thing as an independent bloc in the Senate
- 05/28 11:14 Ayala gets SEC nod on P20-B preferred share offer
- 05/28 10:45 West PH Sea: 2 China ships still shadowing Atin Ito convoy en route to Pag-asa
- 05/28 05:50 ADB sets $400-M loan for PH maritime development
- 05/28 04:30 In Donsol, whale shark conservation bears fruit
- 05/28 02:07 April budget surplus swells to P67.3 billion
- 05/28 02:06 SEC cracks down on sham investment, lending firms
- 05/28 02:04 Philippine rice imports fall as harvest barely rises
- 05/27 19:23 Int’l election observers: 2025 polls not ‘free, open, honest, fair’
- 05/27 15:18 Navy asserts deployment of US missile system in ‘Kamandag’ exercises
- 05/27 15:01 Navy ready to respond as Chinese vessels spotted near PH civilian ship
- 05/27 13:20 Marcos urges warring parties in Gaza Strip to protect civilians
- 05/27 11:55 BCDA inks 25-year Camp John Hay techno hub lease renewal with Ayala
- 05/27 09:20 Chinese ship issues radio challenge to PH vessels in West PH Sea
- 05/27 05:30 BI: ‘Brains’ in Korean’s kidnap-slay still in PH
- 05/27 05:23 Marcos: Make climate finance sufficient, available to poor nations
- 05/27 04:45 DSWD: Mindanao floods affect 57,000 families
- 05/26 20:19 No stopping WPS research missions amid China's aggression, assures BFAR
- 05/26 13:17 Atin Ito: Sea concerts a ‘love song’ to West PH Sea, its protectors
- 05/26 11:55 Marcos agrees with Asean: Do not retaliate vs Trump tariffs
- 05/26 11:30 Atin Ito ship arrives in Palawan for 3rd civilian mission in WPS
- 05/26 11:20 Marcos calls for legally binding South China Sea Code of Conduct
- 05/26 08:35 Remulla to ask ICC if PH consul could swear in Duterte as Davao mayor
- 05/26 05:55 Marcos to take up anew Asean code of conduct
- 05/26 05:30 Think tank urges senators to rise above politics in VP trial
- 05/26 04:40 Flooded Mindanao areas need help
- 05/26 02:11 BSP aims for 2% inflation target
- 05/23 12:43 Romualdez: Defending WPS a test of law vs brute force
- 05/23 11:56 PH gov’t seeks safe, fast delivery of humanitarian aid to Gaza Strip
- 05/23 11:45 PH allies decry China’s aggression near Sandy Cay in West PH Sea
- 05/23 10:50 Bangko Sentral ng Pilipinas sees at least two more rate cuts in 2025
- 05/23 10:35 NMC ‘gravely concerned’ over water cannons vs PH research ship
- 05/23 05:40 PH renews push for long-elusive South China Sea ‘Code of Conduct’
- 05/23 05:34 Chiz Escudero: Senate convenes as impeachment court June 3
- 05/23 05:32 Marcos’ order surprises PH biz; ’disruption’ a concern
- 05/22 18:47 Marcos to push for regional security, stability at Asean meet in Malaysia
- 05/22 18:01 Philippines bans poultry imports from Brazil amid bird flu outbreak
- 05/22 13:50 Marcos’ call for resignations will weed out the lazy, the corrupt – Palace
- 05/22 12:26 DOTr to simplify driver’s license application process to combat fixers
- 05/22 12:16 West PH Sea: Atin Ito’s third civilian mission set for May 26 to 30
- 05/22 11:46 Marcos economic team clears way for Cabinet revamp
- 05/22 10:13 DBM approves hiring of 10,000 non-teaching positions in DepEd
- 05/22 09:13 2GO, WorkAbroad.ph partner to give 20,000 Filipinos access to maritime jobs
- 05/22 08:54 Senate to convene as impeachment court on June 3
- 05/22 08:44 DOE clears 5 renewable energy projects for grid impact study
- 05/22 02:38 P40-B budget sought for disaster response, rice subsidy in 2026
- 05/21 20:05 Digital skills training for Calapan City detainees earns UN recognition
- 05/21 10:58 No Filipinos affected by Covid-19 surge in Thailand – PH envoy
- 05/21 10:03 PH, US hold maritime cooperative activity in waters off Palawan
- 05/21 02:10 Philippine investors hold on to US assets
- 05/21 02:08 DTI in talks to put Filipino-made products on Don Quijote shelves
- 05/20 14:17 Reconciliation or not, Sara Duterte impeachment trial still alive
- 05/20 12:49 West PH Sea: 3 Chinese research ships monitored in PH waters in 3 weeks
- 05/20 07:28 Military official faces rape complaints filed by 2 junior officers
- 05/20 05:50 Marcos says he’s willing to reconcile with Dutertes
- 05/20 05:45 Bloc to fight fake news formed to promote digital literacy
- 05/19 15:29 No such thing as Grade 13, but DepEd hit for bridging program
- 05/19 14:01 PH vehicle sales stall with 10% drop in April 2025
- 05/19 12:03 Palace on Sara Duterte's ‘bloodbath’ remark: ‘It’s somewhat violent’
- 05/19 11:23 Pagcor warns public vs fraudulent gaming certifications
- 05/19 09:05 Filipino trafficking victims still held in Myanmar scam compounds
- 05/19 02:11 Banks’ bad loan ratio eases to 3-month low
- 05/19 02:09 Megaworld eyes 8 new projects in 2025
- 05/19 02:02 PSE upgrades capital-raising goal to P170B
- 05/16 14:55 PNP mulls tapping Interpol to arrest Harry Roque
- 05/16 13:42 242 dead in 719 election-related incidents in BARMM – group
- 05/16 12:39 Harry Roque can’t hide behind asylum request — Palace
- 05/16 12:34 Tito Sotto wants 'ethical standards' for senators
- 05/16 10:37 Alliance Global profit surges by 66% in the first quarter
- 05/16 05:30 CA voids Leila de Lima acquittal, sends drug case back to RTC
- 05/16 02:28 Overseas Filipinos' March remittance growth slowest in 9 months
- 05/15 23:22 South Korean wanted for drug trafficking arrested in Makati
- 05/15 22:17 Angara: Help ensure every Filipino child has access to quality learning
- 05/15 18:58 Surprising results? Garcia says surveys may have missed key factors
- 05/15 10:52 Overseas Filipino remittances up 2.6% to $2.8 billion in March
- 05/15 10:38 BINI, other notable Filipinos, make it to Forbes ‘30 Under 30 Asia’
- 05/15 09:13 First Gen clinches 2.1-MW deal to power Laguna data center
- 05/15 09:10 PH does not seek China nod for Ayungin resupply missions – Malaya
- 05/15 08:54 In historic speed, Comelec to finish official tally in 3 days
- 05/15 05:30 Poll results may pose hurdles for Marcos reforms – Nomura
- 05/15 05:10 Duterte family’s hold on Davao provinces weakens
- 05/15 04:50 Rebooting e-junk: Old IT assets get second life
- 05/15 04:45 Donating plastic waste goes a long way
- 05/14 10:47 Partial, official poll results expected as canvassing resumes
- 05/14 10:42 Philippines hit by over 4.1 million ‘guess the password’ IT attacks in 2024
- 05/14 09:57 Still grappling with ASF, Philippine meat imports up 26% in Q1
- 05/13 17:48 Peaceful polls push up PSEi
- 05/13 05:20 PNP: Polls ‘very peaceful’ but violence reported
- 05/13 02:08 Over 11,000 MW of clean energy seen powering Philippines
- 05/13 02:07 SEC gets 3rd ‘sandbox’ applicant
- 05/12 16:54 Duterte lawyers still working on documents for interim release petition
- 05/12 05:40 Palace: 3 surveys show better Marcos ratings
- 05/09 14:51 Legarda nixes ‘reckless’ US policy vs Asian migrants
- 05/09 11:31 BuhaWind’s 4,000-MW offshore wind projects get priority status
- 05/09 08:17 From Cebu to Rome: Pope Leo XIV's deep ties with the Philippines
- 05/09 05:44 Gov’t urged to take ‘preemptive’ steps vs effects of US tariffs
- 05/09 02:30 Philippines delivers 5.4% economic growth in first quarter
- 05/08 10:12 Slower than expected: Philippine GDP grows by 5.4% in Q1
- 05/08 05:30 Duterte team fails in bid to remove 2 ICC judges
- 05/08 05:10 OFWs to benefit from PH removal from FATF ‘gray list’
- 05/08 02:32 Philippine jobless rate inches up to 3.9% in March
- 05/07 14:58 PNP arrests 2 Chinese for kidnapping compatriots, 1 Korean in Batangas
- 05/07 13:31 EU: PH poll observation mission ‘running smoothly’
- 05/07 10:43 Philippine farm output recovers in Q1
- 05/07 09:27 CBCP: 3 Filipino cardinals eligible to enter Vatican conclave
- 05/07 08:35 Texas Instruments eyes expansion opportunities in Philippines
- 05/07 08:00 DA lifts ban on processed pork products from South Korea
- 05/07 05:30 Chinese ship capable of deep sea mapping leaves PH’s EEZ
- 05/07 05:10 Ombudsman starts probe of gov’t officials for role in Duterte arrest
- 05/06 21:54 VP Sara Duterte brands accusing lawmakers as ‘products of warlordism’
- 05/06 19:41 PH to boost presence in Bajo de Masinloc, says NSC's Malaya
- 05/06 17:05 Marcos lauds PCG’s defense of PH territory, West Philippine Sea
- 05/06 17:01 PSEi regains 6,400 as inflation cools
- 05/06 16:19 Easing inflation shows admin’s drive to bolster economy – Palace
- 05/06 13:00 A test of accountability: The legal foundations of Sara Duterte’s impeachment case
- 05/06 12:12 Sara Duterte's strategy is shaming, blaming everyone but China – solons
- 05/06 11:50 PH foils China's illegal marine scientific activity off Ilocos Norte
- 05/06 09:16 Philippines inflation eased to 1.4% in April, lower than expected
- 05/06 05:35 Gov’t urged to file new case amid Sandy Cay claims
- 05/06 02:12 More PH-US meetings set during 90-day freeze on tariffs
- 05/06 02:10 Payments operators pressed to lower digital transaction fees
- 05/05 17:02 Francis Tolentino sees possible filing of espionage case vs InfinitUs
- 05/05 14:34 Castro: Press freedom index shows gov’t not leaning towards dictatorship
- 05/05 13:21 ICTSI posts $239.54-M Q1 income
- 05/05 05:50 PH airs business concerns to US in tariff talks
- 05/05 05:40 CBCP head on Trump’s pope tweet: ‘Not funny’
- 05/05 05:35 PH, US forces mock beach assault by ‘threat force’
- 05/05 05:20 Int’l group scores ‘red-tagging’ as most common election violation
- 05/05 02:12 Poll: Faster 5.9% Philippines GDP growth seen in Q1
- 05/05 02:07 Dennis Uy’s casino site now for sale
- 05/04 15:33 Solon to Sara Duterte: Silence on secret funds will cause more problems
