FNI P31-b FOO next month, price TBD on Mar. 13
- Global Ferronickel Holdings, Inc. added
- FNI will sell 6.16-b common shares with an option to sell another 924.7-m shares at a max price of P4.38/sh.
- Final FOO price will be announced on Mar. 13; offer period from Mar. 17-23.
- FNI is the 3rd largest nickel producer in the country in terms of volume shipped. It accounted for 11% of PHL’s nickel ore exports in 2013.
source: Regina Capital Corporation