Approval of the Proposed Preferred Shares Offering of WPPDC

We wish to advise that during its meeting today, the Board of Directors of Premiere Horizon Alliance Corporation (PHA) approved the Indicative Terms of the proposed Preferred Shares Offering of West Palawan Premiere Development Corp. (WPP). WPP intends to offer by way of private placement up to Php500 Million or (USD10 million) worth of preferred shares.

Read more...