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Gov't Expects P2.82 B Proceeds From Sale of Cocochem Shares

The Philippine Star

|

February 24, 2025

The government is set to auction off its shares in United Coconut Chemicals Inc. (Cocochem), aiming to generate at least P2.82 billion from the sale, according to a Land Bank of the Philippines invitation to bid.

- By KEISHA TA-ASAN

The bidding for the national government's 681,985,073 shares in Cocochem will be held on June 27 on a cash and "as-is, where-is" basis at Landbank Plaza in Malate, Manila. The minimum bid price is set at P4.13 per common share.

FLERE HISTORIER FRA The Philippine Star

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