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Harbor Star Shipping Services rings bell on 10th year as listed firm at The Philippine Stock Exchange
Harbor Star Shipping Services, Inc. (stock symbol: TUGS) celebrated its 10th listing anniversary as a publicly listed company through a bell ringing ceremony at the Philippine Stock Exchange (PSE) on Tuesday, October 31.
TUGS raised a total of 341.41 million pesos from the sale of its primary common shares on its October 30, 2013 stock market debut.
In his welcome message, PSE COO Atty. Roel A. Refran congratulated Harbor Star on its first decade as a listed firm and cited the company’s growth initiatives since its stock market debut. “From offering maritime services including harbor assistance, lighterage, towage, ship salvage, marine construction, repair and maintenance work, among others, the company forayed into general construction and engineering in 2016. The following year, it ventured into the energy industry through its wholly-owned subsidiary, Harbor Star Energy Corporation. Its power unit now owns and controls a 25 megawatt solar power plant project.”
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