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Cold storage firm raising funds for expansion via IPO

(Photo courtesy of ORCA Cold Chain Solutions) MANILA - ORCA Cold Chain Solutions, a pioneering cold storage company in the Philippines, is listing with the Philippine Stock Exchange to raise funds for its expansion program as it aims to seize opportunities in the growing industry. In a statement Thursday, ORCA said it plans to sell 1,480,000,000 shares with an offer price set at PHP0.88 per share. "The company intends to use the net proceeds, estimated to be PHP841.1 million, for land acquisition, expansion of existing facilities to accommodate additional value-added services, development of new cold storage facilities, and general corporate purposes," the company said. Currently, ORCA has two subsidiaries Arendelle Cold Logisitics, Inc. in Taguig and Eisberg Cold Logistics, Inc. in Caloocan with a combined capacity of 34,342 pallet positions, or equivalent to 34.3 million kilograms. According to Cold Chain Association of the Philippines, the cold storage industry has a t ....

City Of Taguig , Arendelle Cold Logisitics Inc , Cold Chain Solutions , Eisberg Cold Logistics Inc , Cold Chain Association Of The Philippines , Philippine Stock Exchange , Chain Solutions , Cold Logisitics , Eisberg Cold Logistics , Cold Chain Association , Hoto Courtesy Of Orca Cold Chain Solutions Manila , A Pioneering Cold Storage Company In The Philippines , S Listing With The Philippine Stock Exchange To Raise Funds For Its Expansion Program As It Aims Seize Opportunities In Growing Industry Ina Statement Thursday , Rca Said It Plans To Sell 1 , 000 Shares With An Offer Price Set At Php0 88 Per Share Quot The Company Intends To Use Net Proceeds , Stimated To Be Php841 1 Million , For Land Acquisition , Xpansion Of Existing Facilities To Accommodate Additional Value Added Services , Development Of New Cold Storage Facilities , Nd General Corporate Purposes , Uot The Company Said Currently , Rca Has Two Subsidiaries Arendelle Cold Logisitics , Nc In Taguig And Eisberg Cold Logistics , Nc In Caloocan Witha Combined Capacity Of 34 , 342 Pallet Positions , R Equivalent To 34 3 Million Kilograms According Cold Chain Association Of The Philippines ,

Six million doses of Pfizer, J&J jabs expiring


Majority of the vaccines, whose value grosses Shs200b, were donated by Western nations, with the United States leading. News of the expiration when millions of Ugandans are either unvaccinated or. ....

Uganda Health , President Museveni , Health Minister , Jane Ruth Aceng , J Ampj Jabs , Covid Vaccines , Vice President Jessica Alupo ,

China has major vaccine role to play in future health challenges: Gavi

Chinese Covid shots were crucial when international supplies were tight, alliance chief says. ....

Seth Berkley , Coronavirus Vaccines , Covax Facility ,

WHO validates China's Convidecia as 11th vaccine for Covid-19

(Anadolu photo) GENEVA - The World Health Organization on Thursday approved Convidecia, a vaccine manufactured by China's CanSino Biologics, as the 11th approved vaccine to prevent the spread of Covid-19. In a statement, the UN health agency said Convidecia was assessed under its emergency use listing procedure, based on the review of data on quality, safety, efficacy, a risk management plan, programmatic suitability and a manufacturing site inspection. "The Technical Advisory Group for Emergency Use Listing, convened by WHO and made up of regulatory experts from around the world, has determined that the vaccine meets the WHO standards for protection against Covid-19 and that the benefits of the vaccine far outweigh risks," the press release said. It added that the single-dose vaccine was also reviewed by WHO's Strategic Advisory Group of Experts on Immunization (SAGE), which has recommended its use in all age groups 18 and above. "Convidecia was found to have 64 ....

Astrazeneca Oxford , Cansino Biologics , Strategic Advisory Group Of Experts On Immunization , Technical Advisory Group For Emergency Use Listing , World Health Organization On , World Health Organization , Technical Advisory Group , Emergency Use Listing , Advisory Group , Nadolu Photo Geneva The World Health Organization On Thursday Approved Convidecia , A Vaccine Manufactured By China 39s Cansino Biologics , S The 11th Approved Vaccine To Prevent Spread Of Covid 19 Ina Statement , He Un Health Agency Said Convidecia Was Assessed Under Its Emergency Use Listing Procedure , Ased On The Review Of Data Quality , A Risk Management Plan , Rogrammatic Suitability Anda Manufacturing Site Inspection Quot The Technical Advisory Group For Emergency Use Listing , Onvened By Who And Made Up Of Regulatory Experts From Around The World , As Determined That The Vaccine Meets Who Standards For Protection Against Covid 19 And Benefits Of Far Outweigh Risks , Uot The Press Release Said It Added That Single Dose Vaccine Was Also Reviewed By Who 39s Strategic Advisory Group Of Experts On Immunization Sage , Hich Has Recommended Its Use In All Age Groups 18 And Above Quot Convidecia Was Found To Have 64 Efficacy Against Symptomatic Disease 92 Severe Covid 19 , Uot The Who Said Other Covid 19 Vaccines Approved By Global Health Body Are Astrazeneca Oxford , Ohnson And Johnson , Pfizer Biontech , Nd Nuvaxovid Anadolu ,