The government has divested its 3.46-percent stake in NLEx Corp., raising P3.3 billion in badly needed revenues to pump up the country’s coffers, according to the Department of Finance. Finance Undersecretary Catherine Fong told the Inquirer the government was finally closing the sale two years after a deal was forged with the Manny Pangilinan group.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.