LDA Capital and existing creditors back Premiere Horizon’s growth strategy through a PHP 2.8 billion funding commitment and debt reduction

PASIG CITY, Philippines, July 22, 2021 /PRNewswire/ — Premiere Horizon Alliance Corporation (PHA), listed on the Philippine Stock Exchange (PHA:PM), is pleased to announce it has entered into a Put Option Agreement (POA) with LDA Capital (LDA) for up to PHP 2,800,000,000 in committed equity over the next thirty-six months. LDA’s investment will help accelerate PHA’s expansion projects focused on … Continue reading LDA Capital and existing creditors back Premiere Horizon’s growth strategy through a PHP 2.8 billion funding commitment and debt reduction

LDA Capital and existing creditors back Premiere Horizon’s growth strategy through a PHP 2.8 billion funding commitment and debt reduction

PASIG CITY, Philippines, July 22, 2021 /PRNewswire/ — Premiere Horizon Alliance Corporation (PHA), listed on the Philippine Stock Exchange (PHA:PM), is pleased to announce it has entered into a Put Option Agreement (POA) with LDA Capital (LDA) for up to PHP 2,800,000,000 in committed equity over the next thirty-six months. LDA’s investment will help accelerate PHA’s expansion projects focused on … Continue reading LDA Capital and existing creditors back Premiere Horizon’s growth strategy through a PHP 2.8 billion funding commitment and debt reduction

Premiere Horizon cuts net loss in Q1 on strong real estate sales

Premier Horizon Alliance Corp. trimmed its net loss by 68.5 percent to P12.39 million in the first quarter on the back of robust real estate sales and belt-tightening measures implemented to survive the pandemic. Revenues jumped by 68.7 percent to P102.84 million. Bulk of the total came from real estate sales, which accounted for P93.12 … Continue reading Premiere Horizon cuts net loss in Q1 on strong real estate sales

Premiere Horizon enters agritech sector

Listed holding firm Premiere Horizon Alliance Corp. has ventured into agriculture technology (agritech) sector via its subsidiary, PH Agriforest Inc. In a regulatory filing on Friday, Premiere Horizon said that through PH Agriforest, it plans to leverage on the financial technology (fintech) expertise of its parnter SquidPay Technology, Inc. by using technology to increase yield … Continue reading Premiere Horizon enters agritech sector

Premiere Horizon sells 55% possession to fintech group

LISTED Premiere Horizon Alliance Corp. is embarking on a backdoor itemizing by the sale of shares to the house owners of economic expertise (fintech) agency Squidpay Know-how, Inc. In a disclosure to the exchange on Wednesday, Premiere Horizon stated it’s promoting a complete of two.eight billion shares or 55% fairness to an investor group led … Continue reading Premiere Horizon sells 55% possession to fintech group

Squidpay buys into Premiere Horizon Alliance for backdoor listing move

MANILA – Squidpay, a contactless payment solutions provider, is acquiring 55 percent stake in Premiere Horizon Alliance Corp (PHA) — to be used as vehicle for its prospective backdoor listing at the Philippine Stock Exchange (PSE). PHA said in a disclosure on Wednesday that it signed a memorandum of agreement (MOA) with Squidpay on October … Continue reading Squidpay buys into Premiere Horizon Alliance for backdoor listing move