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Affordable housing developer Property Company of Friends Inc. (Pro-Friends) is taking the initial public offering (IPO) route to raise as much as P6 billion that would support landbanking and project development.

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ASIATRUST DEVELOPMENT BANK INC

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abtest

Pro-Friends sets P7.7-B IPO in Oct

August 27, 2014 - 12:00am

The newly-incorporated holding company of affordable housing developer Property Co. of Friends Inc. (Pro-Friends) is all set for its initial public offering (IPO) by October this year to raise as much as P7.7 billion...

Business

Pro-Friends eyes IPO in Q3

By Neil Jerome C. Morales | August 11, 2014 - 12:00am

Affordable housing developer Property Company of Friends Inc. (Pro-Friends) is taking the initial public offering (IPO) route...

Business

Pro-friends to raise P7B via backdoor listing

By Neil Jerome Morales | June 9, 2014 - 12:00am

Affordable housing developer Property Company of Friends Inc. (Pro-Friends), fresh from taking over a dormant listed company, is raising as much as P7 billion from a follow-on offering in the coming months.

Business

AUB scales down IPO proceeds

By Neil Jerome Morales | May 4, 2013 - 12:00am

Commercial lender Asia United Bank (AUB) of the Rebisco Group has scaled down the estimated proceeds from its initial public offering (IPO) in the local bourse to P8.36 billion from the earlier targeted P9.68 billion...

Business

SEC okays P9.68-B AUB IPO

By Neil Jerome C. Morales | April 24, 2013 - 12:00am

Commercial lender Asia United Bank (AUB) of the Rebisco Group has moved closer to debuting in the local bourse through a P9.68-billion initial public offering (IPO).

Business

AUB files IPO bid to raise P11B

By Neil Jerome C. Morales | March 3, 2013 - 12:00am

Commercial lender Asia United Bank (AUB) of the Rebisco Group has formalized its intent to list in the local bourse, potentially making it the second firm to conduct an initial public offering (IPO) this year. ...

Business

Asiatrust restructures, closes banking operation

By Donnabelle L. Gatdula | February 3, 2013 - 12:00am

Asiatrust Development Bank Inc. is on track for the restructuring of its operations as it expects to close its banking business on June 18 this year, a disclosure to the Philippine Stock Exchange (PSE) said.

Business

AUB completes integration of Asiatrust Dev't Bank

By Ted P. Torres | June 20, 2012 - 12:00am

Asia United Bank (AUB) has fully integrated the 28-branch network of Asiatrust Development Bank Inc. located mostly within Metro Manila, a top bank official said.

Business

BSP okays AUB acquisition of Asiatrust

May 12, 2012 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has given Asia United Bank (AUB) the green light to acquire Asiatrust Development Bank Inc., raising the commercial bank’s resources by more than P4 billion.

Business

Asia United Bank acquires Asiatrust

By Ted P. Torres | February 21, 2012 - 12:00am

Medium-sized commercial bank Asia United Bank Corp. (AUB) has acquired recently Asiatrust Development Bank Inc. (Asiatrust), a thrift and development bank, for an undisclosed amount.

Banking