PHINMA triples capex to P11B
The Manila Times April 20, 2014 9:39 pm by MADELAINE B. MIRAFLOR REPORTER Phinma Corp. is allocating close to P12 billion for capital expenditure (capex) this year, about three times the amount it spent in 2013, and bulk of it will go to the group’s power projects. “The capex for the Trans Asia Group is