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+ Follow PETRON TREATS SUBIC INC Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 259377 [Title] => Petron pushes listing of subsidiary [Summary] => Oil giant Petron Corp. plans to speed up the listing of its subsidiary Petron Marketing Corp. (PMC) in the stock market, a ranking company official said.
However, Petron chairman Nicasio Alcantara said they would first find a partner in the operations of PMC, its investment arm for its COCO (company-owned and company-controlled)-related business activities.
"Ideally, we should have partners because of the huge investment that we have to pour into the COCO projects," Alcantara said.
[DatePublished] => 2004-07-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 236480 [Title] => Petron mulls listing of newly-created retail arm [Summary] => Petron Corp. is mulling the possibility of listing the shares of Petron Marketing Corp. (PMC), its newly-recreated retail arm, at the Philippine Stock Exchange (PSE).
"It can be an avenue for an initial public offering (IPO)," a Petro official, who requested anonymity, said in an interview.
But the official said the IPO is not yet part of the immediate plan of Petron for the newly-formed subsidiary.
PMC is similar to Caltex Philippines Inc.s marketing arm, CALSERV.
[DatePublished] => 2004-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 236084 [Title] => Petron to set up unit to oversee service stations [Summary] => Publicly-listed Petron Corp. yesterday will form a new subsidiary that will handle the company-owned and company-operated (COCO) service stations.
The new firm, which will be incorporated soon at the Securities and Exchange Commission (SEC), will play a major part in launching marketing initiatives to strengthen the Petron brand.
[DatePublished] => 2004-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PETRON TREATS SUBIC INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 259377 [Title] => Petron pushes listing of subsidiary [Summary] => Oil giant Petron Corp. plans to speed up the listing of its subsidiary Petron Marketing Corp. (PMC) in the stock market, a ranking company official said.
However, Petron chairman Nicasio Alcantara said they would first find a partner in the operations of PMC, its investment arm for its COCO (company-owned and company-controlled)-related business activities.
"Ideally, we should have partners because of the huge investment that we have to pour into the COCO projects," Alcantara said.
[DatePublished] => 2004-07-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 236480 [Title] => Petron mulls listing of newly-created retail arm [Summary] => Petron Corp. is mulling the possibility of listing the shares of Petron Marketing Corp. (PMC), its newly-recreated retail arm, at the Philippine Stock Exchange (PSE).
"It can be an avenue for an initial public offering (IPO)," a Petro official, who requested anonymity, said in an interview.
But the official said the IPO is not yet part of the immediate plan of Petron for the newly-formed subsidiary.
PMC is similar to Caltex Philippines Inc.s marketing arm, CALSERV.
[DatePublished] => 2004-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 236084 [Title] => Petron to set up unit to oversee service stations [Summary] => Publicly-listed Petron Corp. yesterday will form a new subsidiary that will handle the company-owned and company-operated (COCO) service stations.
The new firm, which will be incorporated soon at the Securities and Exchange Commission (SEC), will play a major part in launching marketing initiatives to strengthen the Petron brand.
[DatePublished] => 2004-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Donnabelle L. Gatdula | July 30, 2004 - 12:00am
By Donnabelle L. Gatdula | January 26, 2004 - 12:00am
By Donnabelle L. Gatdula | January 23, 2004 - 12:00am
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