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                    [Title] => Chemrez plans  IPO next year
                    [Summary] => Chemrez Inc., the owner of the first and largest coco-biodiesel plant in Asia, is planning to undertake an initial public offering (IPO) next year.


Jun Lao, Chemrez operations manager, told reporters that the company intends to list about 10 percent of its shares in the country’s stock exchange  to raise funds to partly finance the construction of its P1.5-billion second coco-biodiesel plant. 


"There are two possible ways to raise funds either through a straight commercial loan or by going public," he said. 


                    [DatePublished] => 2006-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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SUBIC BAY AND CEBU

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                    [ArticleID] => 335588
                    [Title] => Chemrez plans  IPO next year
                    [Summary] => Chemrez Inc., the owner of the first and largest coco-biodiesel plant in Asia, is planning to undertake an initial public offering (IPO) next year.


Jun Lao, Chemrez operations manager, told reporters that the company intends to list about 10 percent of its shares in the country’s stock exchange  to raise funds to partly finance the construction of its P1.5-billion second coco-biodiesel plant. 


"There are two possible ways to raise funds either through a straight commercial loan or by going public," he said. 


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abtest

Chemrez plans IPO next year

By Donnabelle L. Gatdula | May 8, 2006 - 12:00am

Chemrez Inc., the owner of the first and largest coco-biodiesel plant in Asia, is planning to undertake an initial public offering (IPO) next year. Jun Lao, Chemrez operations manager, told reporters that the company...

Business