FNI raises stake in Mariveles port to 88%
February 9, 2023Global Ferronickel Holdings Inc. (FNI) is investing an additional P192 million to acquire another 24 percent shareholding in Mariveles Harbor Corporation (MHC) by March 10, 2023. After acquiring the additional stake from Seasia Logistics Philippines, Inc., FNI will own 88 percent of MHC. This will give FNI more control on the operation of the port. […]