Philippines: Phinma Corporation has secured a US$16.7m loan for its cement business, PhilCement, to build a terminal at Mariveles in Bataan. The five-year fixed term loan agreement was signed with Security Bank on 1 June 2018, according to Business World. PhilCement was set up in September 2017. Phinma Corporation owns a 85.7% stake in the business.
PhilCement secures US$16.7m loan for terminal
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