Phoenix still can’t pay dividends or redeem preferred shares

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Phoenix Petroleum, the energy retailer arm of “Davao” Dennis Uy’s pseudo-empire, responded to the PSE’s request for an update on PNX’s payment of dividends on its preferred shares and the possible redemption of those preferred shares.

pseudo-empire, responded to the PSE’s request for an update on PNX’s payment of dividends on its preferred shares and the possible redemption of those preferred shares. In response, PNX said, “we forward the same explanation as we have given on 21 February 2024 that is... ‘As of the moment, there are no retainable earnings and hence, the Company is unable to declare and payout any cash dividends for any class of shares.

Students in Zamboanga, however, learned a few tips on how to appreciate or read a film better in a workshop facilitated by...Students in Zamboanga, however, learned a few tips on how to appreciate or read a film better in a workshop facilitated by the National Commission on Culture and the Arts when the national agency visited the southern city last March 8 in celebration of the National Arts Month every February.Philstar.

 

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