Ex-CJ Panganiban pockets P10.2 million from sale of GMA shares

Retired Chief Justice Artemio Panganiban has cut by more than half his stockholdings in GMA Network.

Panganiban sold one million shares at P10.20 each on November 17. This is 38 percent off its all-time high of P16.52 seven months ago.

The 85-year old Panganiban , who has been GMA independent director since 2007, reduced his total stake in the country’s largest media to 831,801 shares.

Synergy Grid declares P1.37B cash dividends

Synergy Grid and Development Philippines of bilyonaryos Big Boy Sy and Robert Coyiuto is set to reward its shareholders with a cash dividend similar to the amount given the past two quarters.

ERC to look into complaints of overcharging by power firms

Numerous complaints on increasing electricity rates have prompted the Energy Regulatory Commission (ERC) to launch an investigation on the accuracy and reasonableness of the generation rates being passed on by distribution utilities (DUs) to its consumers.

Synergy Grid declares P1.37B cash dividends

Synergy Grid and Development Philippines of bilyonaryos Big Boy Sy and Robert Coyiuto is set to reward its shareholders with a cash dividend similar to the amount given the past two quarters.