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Premiere Horizon sells 55% possession to fintech group

LISTED Premiere Horizon Alliance Corp. is embarking on a backdoor itemizing by the sale of shares to the house owners of economic expertise (fintech) agency Squidpay Know-how, Inc. In a disclosure to the exchange on Wednesday, Premiere Horizon stated it’s promoting a complete of two.eight billion shares or 55% fairness to an investor group led … Continue reading Premiere Horizon sells 55% possession to fintech group

Squidpay buys into Premiere Horizon Alliance for backdoor listing move

MANILA – Squidpay, a contactless payment solutions provider, is acquiring 55 percent stake in Premiere Horizon Alliance Corp (PHA) — to be used as vehicle for its prospective backdoor listing at the Philippine Stock Exchange (PSE). PHA said in a disclosure on Wednesday that it signed a memorandum of agreement (MOA) with Squidpay on October … Continue reading Squidpay buys into Premiere Horizon Alliance for backdoor listing move

Premiere Horizon sells 55% ownership to fintech group

LISTED Premiere Horizon Alliance Corp. is embarking on a backdoor listing through the sale of shares to the owners of financial technology (fintech) firm Squidpay Technology, Inc. In a disclosure to the exchange on Wednesday, Premiere Horizon said it is selling a total of 2.8 billion shares or 55% equity to an investor group led … Continue reading Premiere Horizon sells 55% ownership to fintech group

PHA cancels P15-B funding deal with Doha-based firm

Investment holding firm Premiere Horizon Alliance Corp. (PHA) has terminated a P15-billion funding deal with Doha-based Sama Global Investment, which it even threatened to sue for alleged failure to comply with their agreement. In a disclosure to the Philippine Stock Exchange on Friday, PHA said its board formally canceled the Jan. 17, 2019 memorandum of … Continue reading PHA cancels P15-B funding deal with Doha-based firm

PHA ends MoA with Qatar firm

PREMIERE Horizon Alliance Corp. (PHA) is backing out of its planned partnership with a Qatar-based firm for a 250 million euro (approximately P15 billion) funding facility for several projects. The listed countryside developer told the stock exchange Friday its board of directors has decided to cancel the memorandum of agreement (MoA) it signed with Sama … Continue reading PHA ends MoA with Qatar firm

PHA secures P15-B funding for projects

Investment holding firm Premiere Horizon Alliance Corp. (PHA) has tapped a P15-billion long-term funding facility from Doha-based Sama Global Investment that can be converted into a controlling stake in the local firm. PHA disclosed to the Philippine Stock Exchange that it had entered into a memorandum of agreement with Sama Global for this funding facility … Continue reading PHA secures P15-B funding for projects