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Semiconductor industry having a renaissance — player — Daily Tribune

Semiconductor industry having a renaissance — player — Daily Tribune
tribune.net.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.net.ph Daily Mail and Mail on Sunday newspapers.

Cirtek s new projects to get tax perks

Cirtek lists P1 37-B rights shares with bonus warrants

Cirtek Holdings Philippines Corporation listed at the Philippine Stock Exchange its stock rights offering (SRO) shares worth P1.37 billion as well as the bonus detachable warrants that came with them. The SRO consisted of 249.44 million common shares sold at an offer price of 5.50 per Entitlement R

Cirtek s CP offering 4x oversubscribed

Published April 28, 2021, 4:15 PM Cirtek Holdings Philippines Corporation (TECH) reported that its P1 billion commercial paper (CP) offering was more than four times oversubscribed at a time of monetary easing and consecutive rate cuts by central banks both locally and international. In a disclosure to the Philippine Stock Exchange, the firm said it will list today its P1 billion worth of CPs with the Philippine Dealing and Exchange Corp as part of TECH’s P6 billion CP Program. Multinational Investment Bancorporation acted as sole arranger and lead underwriter of the issue.  TECH’s commercial paper offering has been assigned a credit rating of PRS A (corp.) with a Stable Outlook by the Philippine Ratings Services Corporation (PhilRatings).

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