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In this today’s stock market summary,
First in review – APL. Apollo Global Capital, Inc. (APL), formerly Yehey! Corporation (YEHEY) was incorporated on June 10, 1998 with a primary purpose to engage in the business of internet online-related products relating to database research engine; to engage in other pre-production and post-production work on web sites in internet; and to sell and market said products in the form of advertising of finished products in the domestic or export market. In 2014, the Company is 66.95% owned by Vantage Equities, Inc. Source: PSE Edge
Next in review – DITO is reviewed. Dito Telecommunity Corporation, is a telecommunications company in the Philippines. It is a consortium of Davao businessman Dennis Uy’s Udenna Corporation and its subsidiary Chelsea Logistics Corporation, and Chinese state-owned China Telecommunications Corporation, a parent company of China Telecom. A third telecom player that will rival the telecom giants led by Smart Communications and Globe Telecoms, Internet, cellular network and data provider. Exploration Co., Inc., through SMMCI, owns the Silangan project covering the Boyongan and Bayugo deposits in Surigao del Norte. Source: PSE Edge
MM reviewed. MERRYMART Grocery Centers Inc. opened its first supermarket at the Ground Floor of DoubleDragon Plaza, DD Meridian Park, Bay Area, Metro Manila, and the setting of MERRYMART’s 12-12-12 Vision 2030.
MERRYMART aims to cover all the grocery retail categories from small, medium and large grocery retail formats. MERRYMART will have three (3) grocery retail formats:
1. MERRYMART Grocery
2. MERRYMART Market
3. MERRYMART Store
NOW also reviewed. Now Corporation (NOW), formerly Information Capital Technology Ventures, Inc., shifted its operations into telecommunications, media and technology in 2013 from previous sale of securities.
The Company offers broadband networks, cloud hosting services, virtual private networks, multimedia content, online gaming, web hosting, cloud-based multimedia conference, cloud-based mail and messaging service, electronic communications network and services.
NOW owns the brand “WebsiteExpress.Biz”, which is a one-stop shop website development service providing micro, small and medium-sized enterprises affordable and professional websites in five days. In 2016, the Company expanded its service offerings with the introduction of its “Fiber-in-the-Air” fixed wireless broadband service.
The Company’s subsidiaries are J-Span IT Services, Inc.; Porteon SEA, Inc.; I-Resource Consulting International, Inc.; I-Professional Search Network, Inc.; and Softrigger Interactive, Inc.
Lastly, MRC is reviewed. Founded in 1990, MRC Allied Inc. (MRC) is the first publicly listed property development firm in the Philippines that has found its niche in real estate development. It has business interest mining, renewable energy and property development.