Tuesday 19 February
Jan 30, 2018 @ 19:24

Antonio Tiu to sell P216M worth of AgriNurture shares

 

Agribusiness firm AgriNurture Inc. expects to raise P216 million from the sale of shares to PPARR Management.

In a regulatory filing, AgriNurture said it would sell 18.62 million shares to PPARR Management, a company engaged in the business of property management and financial investments.

Proceeds from the offering will be used to fund working capital requirements and reduce payables.

The sale is expected to be consummated next month.

AgriNurture is focused.on the importation of rice and export of fruits.

Please follow and like us:

Tags: , , , , , ,

Related Stories
Shares in India's Reliance Communications plunged on Tuesday as the debt-laden company pursues bankruptcy following
Microsoft said Wednesday it swung to profit in the past quarter on gains in cloud
Asia's Best chef shared the profound words of her grandafather J. Amado Araneta and a
Japanese trading giant Mitsubishi Corp. raised $225 million from the sale of its stake in


 

Trending News

Recommended on sister sites

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.