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Phinma sets final price for SRO

The Philippine Star

|

November 02, 2024

Phinma Corp., the diversified conglomerate of the Del Rosario Group, is targeting to raise P1 billion for its stock rights offering (SRO) this month.

- By RICHMOND MERCURIO

Phinma has informed the Securities and Exchange Commission and The Philippine Stock Exchange Inc. (PSE) of the final offer price as well as the number of shares to be offered by the company for the SRO.

The company will be offering a total of 50 million common shares at P20 apiece.

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