Coal Asia shareholders sell 72% stake to Pure Energy, 2 water firms

MANILA, Philippines — Pure Energy Holdings Corp. (PEHC), backed by businessman Dexter Tiu, and Quadwater Corp. are set to secure a majority stake in listed Coal Asia Holdings for P220.9 million.

In a disclosure on Monday, Coal Asia said five of its stockholders signed a share purchase agreement with PEHC, Pure Water Corp. (Pure), and Quadwater Corp.
https://business.inquirer.net/549807/coal-asia-shareholders-sell-72-stake-to-pure-energy-2-water-firms

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