AgriNurture issues shares to raise capital

LISTED food exporter AgriNurture, Inc. (ANI) has issued 18.62 million shares to a property management and investment firm to raise additional working capital.

In a disclosure to the Philippine Stock Exchange, ANI said it issued 18.62 million common shares to PPARR Management and Holdings Corporation, as approved by the board on January 26, 2018, thereby increasing its total issued and outstanding shares (or capital stock) to 709.4 million shares from 690.78 million previously.