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14 December 2019 The on-line newspaper devoted to the world of transports 15:07 GMT+1



December 9, 2010
(posted Dec. 10)

Gov't selling stake in Subic Shipyard

By Dennis Gadil
Malaya

The government is wrapping up the sale of its 10 percent stake in Subic Shipyard in Olongapo, Zambales, to meet its reduced privatization goal of P2 billion this year.
Finance Undersecretary John Philip Sevilla yesterday said the 10 percent share of the government in Subic Shipyard should fetch between P400 million and P700 million ......
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