We innovate. 
We expand. 
We develop.



PSEi sheds but stays over 6,800
July 31, 2013

Written by VG Cabuag - Business Mirror The local bourse followed the downtrend in the major markets in the region, with the benchmark index barely staying in the 6,800-point level at the close of Thursday’s selling session.The Philippine Stock Exchange index (PSEi) shed 4.05 points to 6,800.11. Most subindices were also down.Justino Calaycay Jr., trader at brokerage firm Accord Capital Equities Corp., said the market met a stiff challenge to remain above 6,800 due to lack of trading leads both here and abroad.“The bears took control early in the morning [trade] as the index was lower by as much as 15... <see more>

Millennium Global expects P118.11-million equity this year
July 17, 2013

Written by Roderick L. Abad - Business Mirror MILLENNIUM Global Holdings Inc. (MGHI) plans to bring its negative P6.89-million stockholder’s equity since March 31 to positive P118.11 million by the end of the year via subscription to its authorized capital stock. The company told the Philippine Stock Exchange (PSE) in its disclosure that the initial shares at a cost of P125 million, or 25 percent of the P500-million increase in authorized capital stock—to be purchased by MGHI Chairman, President and Chief Executive Officer Michael Yang—will address the negative stockholder’s equity posted as of December 12, 2012, and March 31, 2013. The subscription will... <see more>

Millennium Global invests P60 million for trading firm expansion
July 04, 2013

Written by Roderick L. Abad - Business MirrorMILLENNIUM Global Holdings Inc. (MGHI) is planning to invest P60 million in Millennium Ocean Star Corp. (MOSC) for additional working capital.          In an interview with the BusinessMirror on Wednesday, MGHI Chairman and President Yang Chi Jen said the amount is a “trial” investment and the amount may be increased, they depending on the  outcome of MOSC’s expansion program.“Once we see the good results and also our good relationship, we may convert it to shares so MGHI may become a part-owner of MOSC maybe this year or next year,” Yang said.Under the agreement, MGHI... <see more>

Prev 1    2    Next Displaying 4 - 6 of 6

Copyright 2014 All Rights Reserved ● Millennium Global Holdings Inc.