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                    [ArticleID] => 382975
                    [Title] => PNOC-Alternative Fuels eyes IPO
                    [Summary] => 



JAKARTA, Indonesia – PNOC-Alternative Fuels Corp., a subsidiary of the  state-owned Philippine National Oil Co. (PNOC), is planning to undertake an initial public offering (IPO) in the near term, a top company official said.


PNOC-AFC chairman Renato Velasco told reporters attending a biofuels and feedstock conference here that the IPO plan is part of the firm’s medium-term goals.


"We see it (IPO) happening in three years time.  Our company is relatively new and we need to establish a track record first," he said.


                    [DatePublished] => 2007-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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LIMAY AND MARIVELES BATAAN

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                    [ArticleID] => 382975
                    [Title] => PNOC-Alternative Fuels eyes IPO
                    [Summary] => 



JAKARTA, Indonesia – PNOC-Alternative Fuels Corp., a subsidiary of the  state-owned Philippine National Oil Co. (PNOC), is planning to undertake an initial public offering (IPO) in the near term, a top company official said.


PNOC-AFC chairman Renato Velasco told reporters attending a biofuels and feedstock conference here that the IPO plan is part of the firm’s medium-term goals.


"We see it (IPO) happening in three years time.  Our company is relatively new and we need to establish a track record first," he said.


                    [DatePublished] => 2007-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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abtest

PNOC-Alternative Fuels eyes IPO

By Donnabelle L. Gatdula | February 2, 2007 - 12:00am

JAKARTA, Indonesia – PNOC-Alternative Fuels Corp., a subsidiary of the  state-owned Philippine National Oil Co. (PNOC), is planning to undertake an initial public offering (IPO) in the near term,...

Business