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Listed oil firm Phoenix Petroleum Philippines Inc. is mulling the possibility of selling 20 percent of its stake to strategic foreign and local investors to fund its capital requirements.
                    [DatePublished] => 2009-12-28 00:00:00
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                    [AuthorName] => Donnabelle L. Gatdula
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PHILIPPINE STOCK EXCANGE

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Phoenix Petroleum mulls sale of 20% stake

By Donnabelle L. Gatdula | December 28, 2009 - 12:00am

Listed oil firm Phoenix Petroleum Philippines Inc. is mulling the possibility of selling 20 percent of its stake to strategic foreign and local investors to fund its capital requirements.

Business