Axelum budgets up to P400M for capex
AXELUM Resources Corp., which recently secured a multi-billion-peso investment from tycoon Manuel Pangilinan, is setting aside up to P400 million for capital expenditures this year. In a disclosure to the stock exchange on Monday, Axelum said the estimated outlay of between P350 million and P400 million would be used to expand capacity, modernize equipment and […]
T Kauer 
AXELUM Resources Corp., which recently secured a multi-billion-peso investment from tycoon Manuel Pangilinan, is setting aside up to P400 million for capital expenditures this year.
In a disclosure to the stock exchange on Monday, Axelum said the estimated outlay of between P350 million and P400 million would be used to expand capacity, modernize equipment and upgrade its facilities.
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