Share price of Rockwell Land Corp. rose 236 percent Friday in its maiden listing, after saying it expects net income to break the P1-billion level this year. The stock reached a high of P7.71 per share before closing at P4.90 apiece. Rockwell Land listed all outstanding 6.22 billion common shares at a listing price of P1.46 apiece. It listed the shares by way of introduction after Manila Electric Co. declared a 51-percent property dividend for its 51-percent stake in the company. Rockwell Land president Read more [...]

Published on Sunday 13 May 2012 12:00 WORRIES over a Grade II listed building are threatening to put plans for a new bus station in jeopardy. Those are the findings of a report being delivered to Norfolk County Council’s cabinet as it looks at Breckland Council’s application Read more [...]

KUALA LUMPUR (May 13, 2012): Malaysian listed XiDeLang Holdings Ltd, a China-based shoemaker, is eyeing a dual listing on the Hong Kong Stock Exchange, the company said, in an apparent bid to raise its valuation in line with regional peers. XiDeLang, voted by Forbes as one of Asia's best companies with under US$1 billion in revenue in 2011, has been quoted as saying it was disappointed with the valuation it had fetched on the Malaysian bourse. One of XiDeLang's peers, Anta Sports Read more [...]