Live Breaking News & Updates on Nc In Taguig And Eisberg Cold Logistics

(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 ,