Philippine Stock Exchange: Market News and Updates – October 20, 2014

CAT Appoints New Directors
Following the completion of the tender offer conducted by CAT Resource Asset & Holdings, Inc., a new set of directors were appointed to the Board of Directors of Central Azucarera de Tarlac, Inc. (PSE: CAT) to serve until the next annual meeting. The new directors are Martin P. Lorenzo, Marco P. Lorenzo, Vigor D. Mendoza and Fernan Victor P. Lukban. [Read more...]

Philippine Stock Exchange: Market News and Updates – October 2, 2014

AR May Enter Private Placement Agreement
In its meeting yesterday, the Board of Directors of Abra Mining and Industrial Corporation (PSE: AR) authorized its president, Jeremias Beloy to “negotiate, discuss, talk, explore, transact and enter into private placement agreements with foreign and other investors and financial institutions, for possible financial resources to meet the requirements,” of the company. [Read more...]