Shell to firm up IPO plans by 3rd quarter

In an interview, Mr. Chua said they were targeting to come up with a more concrete initial public offering (IPO) plan pursuant to the 1998 Oil Deregulation Act.

“We are doing a number of reviews, there will be something more concrete by the third quarter,” he said on the sidelines of a Management Association of the Philippines event in Makati. Earlier, Shell said its plan to go public still depended on a study it was undertaking about its local refinery operations.

Read Full Article

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>