- | Phinma Education Holdings Inc. has a new investor, Netherlands Development Finance Co. |
- | Under the agreement, Kaizen & ADB will subscribe to shares of stock of $Phen Education worth P1.625 B |
- | Emar Corp. & Magdaleno Albarracin Jr. or their respective designees will also invest P325M|
| New investor |
Phinma Education Holdings Inc., the holding company for Phinma Group’s investments in educational institutions, has a new investor, Netherlands Development Finance Co. (FMO).
FMO will join Kaizen Private Equity II Pte. Ltd. and the Asian Development Bank which agreed to invest in Phinma Education last April.
October 10, 2019 1:55 pm