ABACORE Capital Holdings Inc. said on Wednesday that it planned to avail of a credit facility of up to P500 million from the Philippine Business Bank to boost its investment portfolio and operations.
Last week Share prices gained following weeks of declines as investors were elated by the lower-than-expected inflation and a better GDP growth rate in the third quarter, which was above the expectation of analysts. The benchmark Philippine Stock Exchange index gained 172.62 points to close at 6,161.89 points. The main…
[The company s] financial results for the third quarter reflect the strength of our investment portfolio, the potential of our business ventures with various partners and enhanced governance practices implemented across the board, AbaCore Vice Chairman Antonio Victoriano Gregorio 3rd said in a statement on Tuesday.
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ABACORE Capital Holdings Inc. said its board of directors had greenlit the sale of its subsidiaries, which owned more than 10 hectares of property in Batangas.