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MRC Allied completes private placement for 21% stake - BusinessWorld Online

Summary by bworldonline.com
LISTED MRC Allied, Inc. has executed a subscription agreement for investors to acquire a 21% stake in the company for P315 million. “On Jan. 16, the Board approved the subscription by the aforementioned individuals and the execution of the subscription agreement within a period of 10 days. Upon the request of the stockholders, the execution of the Subscription Agreement was done today (Feb. 2),” the company said in a disclosure on Tuesday. In an…

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MRC Allied completes private placement for 21% stake - BusinessWorld Online

LISTED MRC Allied, Inc. has executed a subscription agreement for investors to acquire a 21% stake in the company for P315 million. “On Jan. 16, the Board approved the subscription by the aforementioned individuals and the execution of the subscription agreement within a period of 10 days. Upon the request of the stockholders, the execution of the Subscription Agreement was done today (Feb. 2),” the company said in a disclosure on Tuesday. In an…

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bworldonline.com broke the news in on Tuesday, February 3, 2026.
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