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Medilines maiden offering gets nod

The Philippine Stock Exchange (PSE) has approved the P2.02-billion initial public offering (IPO) of Medilines Distributors Inc., a distributor of medical equipment in the country. The company, which will be traded under the ticker MEDIC, will sell some 550 million common shares on a primary basis and another 275 million… ....

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Medilines touts partnerships with Braun, Siemens

Medilines touts partnerships with Braun, Siemens
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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Nationwide round-up (01/12/21) | BusinessWorld

PhilHealth, private healthcare officials slapped with charges
THE National Bureau of Investigation (NBI) on Monday filed new criminal and administrative complaints against officials of the Philippine Health Insurance Corp. (PhilHealth) over alleged irregularities in a financial assistance program for health care institutions hammered by “fortuitous” events like the coronavirus pandemic.
The NBI filed the complaints before the Office of the Ombudsman against resigned PhilHealth president and chief executive officer Ricardo C. Morales, among other former and current officials, for alleged violation of the Anti-Graft and Corrupt Practices Act.
The respondents also face raps for allegedly misappropriating funds in violation of the National Health Insurance Act of 2013. They also face administrative charges of grave misconduct, gross negligence, and conduct prejudicial to public interest. ....

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