Trans-Asia Oil and Energy Development Corporation said its board has approved the reallocation of the remaining balances of its stock rights offering (SRO) proceeds for the purchase of three power barges from the National Power Corporation (Napocor).
In a disclosure to the Philippine Stock Exchange (PSE), Trans-Asia said the remaining balances of the SRO proceeds for the years 2007, 2011 and 2012 amounted to P373.4 million.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.