PAL to do follow-on offering this year

18:27 Feb 10, 2019

"..MANILA, Philippines -- PAL Holdings ... while the iron is hot and interest in its stock appears to have been piqued by this development," said Justino Calaycay, head of research at Philstocks Financials Inc. Astro del Castillo, managing director at ..."
".."It is indeed a distinction of our respective cultures that our two airlines draw from their rich traditions of generous and caring hospitality, the same hospitality we extend to all the passengers who fly with us. It has been the privilege of Philippine ..."
"..MANILA, Philippines -- PAL Holdings Inc. (PAL), tycoon Lucio Tan's listed flagship airline company, may push through with its planned follow-on offering (FOO) this year following the entry of Japan's ANA Holdings Inc. Company officials are mum on the ..."
"..MANILA, Philippines -- PAL Holdings Inc. (PAL), tycoon Lucio Tan's listed ... Philstocks Financials said a FOO may indeed be the next move for PAL, but the company should first improve earnings. In the long run, Tan said PAL may not have a choice ..."

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