Independent journal on economy and transport policy
14:59 GMT+1
Gov't selling stake in Subic Shipyard
(Malaya)
December 9, 2010
By Dennis Gadil Malaya
The government is wrapping up the sale of its 10 percent stake in Subic Shipyard in Olongapo, Zambales, to meet its reduced privatization goal of P2 billion this year.
Finance Undersecretary John Philip Sevilla yesterday said the 10 percent share of the government in Subic Shipyard should fetch between P400 million and P700 million ...... Read more on Malaya
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