Wellex shifts focus to mining, energy
November 24th, 2008
Filed under: Operator - Wellex
By Elizabeth Sanchez-Lacson
Wellex Industries Inc., the publicly listed investment company of plastics magnate William Gatchalian, has obtained shareholders’ approval for a plan to shift its core business to mining and energy from manufacturing.
Company officials said Wellex was open to negotiations with possible foreign partners on future mining ventures
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