Phinma likewise earmarked P210 million for the development of Union Insulated Panel Corp.’s new state-of-the-art facility in Pampanga with a yearly capacity of one million square meters.

Phinma said that it has completed the purchase of Phinma Insurance Brokers Inc. (PIBI) from its parent company Phinma Inc. for P150.53 million The company acquired 2.3 million shares representing ...