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                    [ArticleID] => 362079
                    [Title] => Corro-coat to raise P1.5 billion via public offering
                    [Summary] => Listed powder coatings manufacturer Corro-coat Inc. is eyeing to raise P1.5 billion from the sale of new shares to the public to be used for the purchase of a bio-diesel plant and for working capital requirements.


Stock portal Citiseconline. com said the offering is slated in the fourth quarter of 2006.  Asian Alliance Investment Corp. and BancPros Inc. will serve as lead underwriters for the issue.


The biodiesel plant, which is to be acquired at a cost of P810 million, is capable of manufacturing a wide variety of chemical products.


                    [DatePublished] => 2006-10-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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CARL SY

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                    [ArticleID] => 362079
                    [Title] => Corro-coat to raise P1.5 billion via public offering
                    [Summary] => Listed powder coatings manufacturer Corro-coat Inc. is eyeing to raise P1.5 billion from the sale of new shares to the public to be used for the purchase of a bio-diesel plant and for working capital requirements.


Stock portal Citiseconline. com said the offering is slated in the fourth quarter of 2006.  Asian Alliance Investment Corp. and BancPros Inc. will serve as lead underwriters for the issue.


The biodiesel plant, which is to be acquired at a cost of P810 million, is capable of manufacturing a wide variety of chemical products.


                    [DatePublished] => 2006-10-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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Corro-coat to raise P1.5 billion via public offering

By Zinnia B. Dela Peña | October 9, 2006 - 12:00am

Listed powder coatings manufacturer Corro-coat Inc. is eyeing to raise P1.5 billion from the sale of new shares to the public to be used for the purchase of a bio-diesel plant and for working capital requirements. Stock...

Business