LISTED maritime services provider Harbor Star Shipping Services Inc. is considering a follow-on offering next year to raise up to P1 billion to fund its planned international fleet expansion and other projects.
In a disclosure to the Philippine Stock Exchange on Tuesday, Harbor Star said its board of directors approved on Monday a proposal to launch a follow-on offering to raise as much as P1 billion to fund the company’s planned international fleet expansion, domestic feeder vessel services and renewable energy project.
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