The case concerns the initial public offering (IPO) of Upson International Corp. (Upson), a leading retailer of IT products in the Philippines. Upson was scheduled to list on Philippine Stock Exchange on April 3, 2023. The IPO was set to issue 625,001,000 common shares, with an offer price of ?2.40 per share, and Upson planned to use the net proceeds to expand its network. The objective of the case is to run a stock valuation using the discounted .....more

Nicole San Juan, a portfolio manager for Crown Asset Management Philippines’ Peso Global Sustainability Fund, was trying to complete her valuation of Alternergy Holdings Corporation (the Company) stock in time for its initial public offering (IPO) in March 2023. San Juan needed to assess the Company’ value, strengths, weaknesses, and prospects to determine whether the stock would be a good investment. The Company had many renewable energy projects .....more

In 2024, the managing director of a pharma company faced an ethical dilemma after being informed that a senior manager had falsified her resume and manipulated the reference check process when she applied for her position three and a half years before. After first denying all allegations, the senior manager eventually confessed. However, her pregnancy may have complicated the situation for the company. Given that the company had planned to promote .....more

Vasenapoli revolutionized healthy eating with its millet-based delicacies crafted with the founder Chittem Sudheer’s mother’s expertise. Inspired by his travels and a passion for wellness, Sudheer embarked on a journey to create a sustainable and nutritious dining experience in Visakhapatnam, Andhra Pradesh, India. Vasenapoli emerged in 2016 as a beacon of innovation through meticulous recipe development and prototype testing, offering diverse millet .....more

In September 2022, the chief executive officer (CEO) and founder of Maximum Quality Equipment (Maximum), was trying to decide whether to invest in a joint venture company to operate a quarry that would extract and sell rock armour. The joint venture company, Island Development Corporation (IDC), had secured a 25-year mineral production sharing agreement with the Philippine government. IDC would purchase equipment and extract rock armour in Chiquita .....more

When Enrique Layola joined the San Pedro City Agriculture Office, he was highly concerned about the worsening conditions of Laguna de Bay and their affect upon the livelihoods of local fishermen. Improving Laguna de Bay’s water quality was vital to increasing the region’s production of fish. The deteriorating water quality had resulted in the proliferation of water hyacinth, which was likely to increase further due to worsening water pollution. Layola .....more

In January 2021, an equity analyst in the Student Managed Investment Fund of the Asian Institute of Management was trying to estimate the weighted average cost of capital (WACC) of Aboitiz Power Corporation (AP) based on the capital asset pricing model. The WACC estimate would be part of her discounted cash flow valuation, which would then help her determine whether or not the fund should invest in Aboitiz Power Corporation. AP was a leading power .....more

In May 2021, a recent MBA graduate and retail investor, read an announcement about Monde Nissin Corporation launching an initial public offering of 3.6 billion shares at ?13.50 per share. The company expected to raise ?48.6 billion in the largest common share offering ever in the Philippines, while the country was still in the middle of a COVID-19 pandemic lockdown. However, economic and stock market conditions were expected to improve after the availability .....more

In May 2022, the founder and chief executive officer of Just Kitchen Holdings Corporation (Just Kitchen), a Canada-based and publicly listed operator of ghost kitchens in Taiwan, met with the company’s management team to deliberate on the company’s plan to expand into new markets, specifically, the Philippines. Their optimism for the Philippine market stemmed from the country’s growing online food delivery industry, favourable demographics, and supportive .....more

The Procter & Gamble Company (P&G) was named a top ten plastic polluter by the Break Free from Plastics coalition in 2019. P&G faced backlash over the plastic waste associated with the distribution of consumer goods in single-use sachets. While sachets provided access to everyday household necessities to low-income individuals, they also created negative environmental externalities. The company had to decide how to tackle the problem of .....more