Phinma Education, one of the biggest private education groups in the Philippines and the education arm of Phinma Corp., has secured P4.5 billion in fresh capital for its planned expansion of education offerings in the region.
Investment firm KKR Singapore Pvt Ltd. will acquire a significant stake in Phinma Education Holdings Inc., which operates schools in the Philippines and Indonesia. The transaction involves separate deals that include the existing shareholders of the company, which will exit Phinma Education. Phinma Education has signed an investment agreement with…
Corazon de la Paz-Bernardo, an independent director of many companies including chemical manufacturer D&L Industries Inc., was made an honorary member by the Institute of Corporate Directors (ICD). Bernardo was recognized for her contributions in the field of auditing, accounting and consulting through her pivotal roles and her visionary and…
Phinma Corp. said its 9-month income went up by 5 percent to P1.34 billion from the previous year’s P1.26 billion. Consolidated revenues for the period rose to P15.43 billion, 15 percent higher than the previous year’s P13.42 billion, due to the record enrollment of its education business and the consolidation…