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                    [ArticleID] => 236694
                    [Title] => RCBC ups stake in Pilipinas Shell
                    [Summary] => Rizal Commercial Banking Corp. (RCBC), the banking unit of the Yuchengco Group of Companies, plans to acquire an additional 1.353 million shares of oil refinery Pilipinas Shell Petroleum Corp. for P43.32 million.


In a disclosure to the Philippine Stock Exchange, RCBC said its board of directors approved the purchase of additional shares in Shell.


Shell has maintained its number two position in the domestic oil market, given the company’s established refinery, storage and distribution facilities as well as its expansive retail sales network.


                    [DatePublished] => 2004-01-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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LUISITA INDUSTRIAL PARK CORP

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                    [ArticleID] => 236694
                    [Title] => RCBC ups stake in Pilipinas Shell
                    [Summary] => Rizal Commercial Banking Corp. (RCBC), the banking unit of the Yuchengco Group of Companies, plans to acquire an additional 1.353 million shares of oil refinery Pilipinas Shell Petroleum Corp. for P43.32 million.


In a disclosure to the Philippine Stock Exchange, RCBC said its board of directors approved the purchase of additional shares in Shell.


Shell has maintained its number two position in the domestic oil market, given the company’s established refinery, storage and distribution facilities as well as its expansive retail sales network.


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abtest

RCBC ups stake in Pilipinas Shell

By Zinnia B. Dela Peña | January 28, 2004 - 12:00am

Rizal Commercial Banking Corp. (RCBC), the banking unit of the Yuchengco Group of Companies, plans to acquire an additional 1.353 million shares of oil refinery Pilipinas Shell Petroleum Corp. for P43.32 million. In...

Business