Phinma all set for up to P1 B SRO next month
The Philippine Star|October 28, 2024
Phinma Corp. has been cleared to proceed with its up to P1 billion stock rights offering (SRO) next month.
- Richmond Mercurio

The diversified conglomerate of the Del Rosario Group said it has secured the necessary approvals for its SRO, proceeds of which will be used for its investment and expansion initiatives.

Phinma said that the Securities and Exchange Commission issued the notice confirming that the P1-billion transaction is exempt from the registration requirements under the Securities Regulation Code last Oct. 16.

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The Philippine Star

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