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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 236480 [Title] => Petron mulls listing of newly-created retail arm [Summary] => Petron Corp. is mulling the possibility of listing the shares of Petron Marketing Corp. (PMC), its newly-recreated retail arm, at the Philippine Stock Exchange (PSE).
"It can be an avenue for an initial public offering (IPO)," a Petro official, who requested anonymity, said in an interview.
But the official said the IPO is not yet part of the immediate plan of Petron for the newly-formed subsidiary.
PMC is similar to Caltex Philippines Inc.s marketing arm, CALSERV.
[DatePublished] => 2004-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SUBIC AND DASMARI
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 236480 [Title] => Petron mulls listing of newly-created retail arm [Summary] => Petron Corp. is mulling the possibility of listing the shares of Petron Marketing Corp. (PMC), its newly-recreated retail arm, at the Philippine Stock Exchange (PSE).
"It can be an avenue for an initial public offering (IPO)," a Petro official, who requested anonymity, said in an interview.
But the official said the IPO is not yet part of the immediate plan of Petron for the newly-formed subsidiary.
PMC is similar to Caltex Philippines Inc.s marketing arm, CALSERV.
[DatePublished] => 2004-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Donnabelle L. Gatdula | January 26, 2004 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
4 days ago
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