PMEA Blog

Philippine Daily Inquirer

MANILA, Philippines–After selling out of Philex Mining Corp., the group of former trade minister Roberto V. Ongpin will return to the mining and oil exploration business using newly acquired Atok-Big Wedge Co. Inc.

Atok Big Wedge disclosed to the Philippine Stock Exchange a management and board shake-up to reflect the entry of Ongpin’s group, which sought to raise the company’s stock to P10 billion from P60 million.

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