Phoenix Petroleum raises P7B from sale of Series 4 preferred shares

Phoenix Petroleum Philippines, Inc. (stock symbol: PNX) held a ceremonial bell ringing at the Philippine Stock Exchange (PSE) on Thursday after the company raised Php 7 billion from the issuance of its Series 4 Preferred Shares (stock symbol: PNX4). – – “I am optimistic that the company will continue its growth trajectory particularly as it intends to use a portion of the proceeds from this offering for depot and network expansion and improvements. I am told that there are terminal upgrades…

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Source: webwire
Phoenix Petroleum raises P7B from sale of Series 4 preferred shares



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