PANGILINAN-LED PXP Energy Corp. is planning to increase its stake in subsidiary Forum Energy Limited (FEL) via a share swap.

In a filing on Monday, the company said its board had approved the issuance of 430,243,903 common shares to Hong Kong firm Tidemark Holdings Limited in exchange for 24,125,383 FEL shares.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details