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PetroEnergy reallocates P168-M offering proceeds - BusinessWorld Online

PetroEnergy reallocates P168-M offering proceeds - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

PERC to use part of SRO proceeds for RE projects

PetroEnergy Resources Corp. (PERC), a member of the Yuchengco Group of Companies (YGC), said Tuesday it would reallocate the remaining proceeds of its 2018 stock rights offer (SRO) to partly finance some of its renewable energy (RE) projects. In a disclosure to the stock exchange, PERC said the board approved…

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