ALI, DMPL, DNA

1. Ayala Land loses 46 hectare Las Pinas golf course.

Notes: ALI has 9,852 hectare of land bank. Too small land for them.

2. DMPL will sell 30% of Del Monte Philippines, Inc. (DMPI) to the public. As of now, DMPI is a 100% owned by DMPL. Price would be PhP29.88. The Company aims to raise funds from the Proposed Public Offering to partially prepay/repay certain loan facility/ies. The balance of proceeds, if any, will be used for general corporate purposes.

Notes: Hmmm...is it a good reason? is it a good news to DMPL's shareholders?  does the public's money free? 

3. Philab Holdings Corporation will raise around $100 ~ 150 million by selling new shares. It will reduce the Philab Chairman and CEO Tom Navasero's stake to 40 ~ 30%. Proceeds will be used for setting up around 60 satellite clinics nationwide.

Notes: can be a sky rocketing bio stock? What does that clinic do? Any difference with other clinics? Can provide patient customized service using the genome tech? don't know yet. even if they can, is there needs already?