Cebu-based fuel distributor and retailer Top Line Business Development Corp. is planning to raise fresh capital next year through the issuance of preferred shares to fund its continued expansion, including its venture into fuel importation. In a disclosure to the Philippine Stock Exchange (PSE),...
Top Line Business Development Corp. is investing ₱385.12 million for its fuel importation and distribution businesses as it continues to expand its operations in the Visayas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of directors has approved the additional...
Top Line Business Development Corp. reported strong growth in first-half earnings and expects even higher gains in the second semester, which normally sees higher sales, while newly-acquired service stations will also start contributing to revenues. The Visayas fuel distributor and retailer...
CEBU — Top Line Business Development Corp. aims to have at least 50 operation service stations by the end of the year as it continues to aggressively expand the footprint of fuel retail subsidiary Light Fuels Corp. Durig the firm’s annual stockholders’ meeting, Top Line Chairman, President,...
Visayas fuel distributor Top Line Business Development Corporation, through subsidiary Light Fuels Corporation, is acquiring the gasoline station of Phoenix Petroleum Philippines, Inc. in Cebu. In a disclosure to the Philippine Stock Exchange, Top Line said its board of directors has unanimously...
Cebu-based fuel distributor Top Line Business Development Corp. has revved up its expansion into the Visayas with the ₱925-million acquisition of a depot, fuel tankers, and retail stations to grow its network by almost fourfold to 48 from only 10. In a disclosure to the Philippine Stock Exchange...
Newly listed fuel dealer Top Line Business Development Corporation is opting to expand its network by opening more service stations than initially planned, rather than investing in a fuel tanker. In a disclosure to the Philippine Stock Exchange, the firm reported that its board of directors has...
Strategic expansion fuelled the robust revenue and bottomline growth of Cebu-based Top Line Business Development Corporation in the first quarter of the year. In a disclosure to the Philippine Stock Exchange, the firm said its net income jumped by 38 percent year-on-year to ₱37.9 million in the...
From left to right: Light Fuels Retail Trade Manager, Dwight Christian Jonas Villon; Vice President and Head of Commercial Fuel Trade, Alvin Lato; First Vice President and Chief Financial Officer, Atty. Constance Marie Lim, CPA; Senior Vice President and Chief Operating Officer, Brigitte...
Top Line Chairman, President and CEO Eugene Erik C. Lapasaran Lim Cebu-based fuel distributor Top Line Business Development Corp. (Top Line) has set the final price for its initial public offering (IPO) at ₱0.31 per share, lower than the adjusted indicative price of ₱0.38 per share. Based...
Cebu-based fuel retailer Top Line Business Development Corporation is again eyeing an initial public offering (IPO) but has significantly reduced the offer size to P900 million from P3.16 billion. In a statement, the firm said it optimized its total issued and outstanding common shares for its IPO...
