Shell using ₧6-B bank loan to pay other debts : vimar

PILIPINAS Shell Petroleum Corp. obtained a P6-billion loan from a local bank mainly to repay its short-term loan. “Following a competitive tender process and pursuant to the endorsement from the Related Party Transaction Committee and Board approval, Pilipinas Shell Petroleum Corporation [SHLPH] secured a five-year loan amounting to P6 billion…

Related Keywords

Philippine , Benguet , Philippines , Batangas , Batangas City , Philippine Islands , Philippines General , , Party Transaction Committee , Bureau Of Custom Port Batangas , Supreme Court , Bureau Of Customs , National Internal Revenue Code , Pilipinas Shell Petroleum Corp , Pilipinas Shell Petroleum Corporation , Philippine Stock Exchange , Related Party Transaction Committee , Pilipinas Shell , Tax Appeals , Custom Port ,