MANILA, Philippines — Atok Big Wedge Co., Inc., a firm controlled by Roberto V. Ongpin, has increased its stake in Forum Energy Plc to 9.65 million ordinary shares or 27.14 percent of FEP’s outstanding capital. In a disclosure to the Philippine Stock Exchange, the firm said its wholly-owned unit Tidemark …

Manila, Philippines — Atok-Big Wedge, Co. Inc. (Atok) reported a strong performance in 2011, with revenues growing by 53 percent to P42.2 million while comprehensive income improved 120 percent to P8.4 million. During his presentation at the annual meeting of shareholders Atok president Walter W. Brown attributed the revenue surge …

Atok-Big Wedge Co., the mining and oil unit of the group of former Trade Minister Roberto Ongpin, will focus its resources on oil and gas exploration instead of mining and is particularly upbeat on its new investment in the Sampaguita offshore gas discovery. The Sampaguita field covered by Service Contract …

Manila, Philippines – Retired weather agency chief Graciano Yumul Jr. is now a director of Atok-Big Wedge Co. Inc, the mining firm controlled by businessman Roberto Ongpin. At the annual stockholders’ meeting of Atok on Friday, April 20, Ongpin introduced Yumul as one of the firm’s newest board directors and …

Mining company Atok-Big Wedge Co is suing Norway’s Intex Resources for allegedly reneging on a deal for the sale of its Mindoro nickel mine project in the Philippines. The project has the potential to produce more than 2 million tonnes of nickel at a discount rate of 8.6% and a …

Publicly listed mining firm Atok-Big Wedge Co. Inc. has sued Norwegian-listed Intex Resources AS for allegedly reneging on its deal regarding the sale of 100 percent of the latter’s 9,720-hectare Mindoro nickel project to Atok. The project was for a consideration composed of $10 million in cash and 300 million …

Former trade minister Roberto V. Ongpin confirmed on Friday that an acquisition of listed miner Omico Corp. is among several options currently being explored by his group. Omico’s primary mining asset is an 873-hectare inactive gold project in Itogon, Benguet, held with partner Macawiwili Gold Mining and Development Co.

The Securities and Exchange Commission has given the go-ahead for Atok Big Wedge Co. to declassify its shares and raise its authorized capital stock to P10 billion from P60 million, paving the way for foreign investors to bankroll its diversified ventures. With the increased capital, Atok can enter into joint …

Inactive mining firm Atok-Big Wedge Co. Inc., set to be acquired by the group of businessman Roberto V. Ongpin and UK-based investment firm Ashmore Investment Management Ltd., is beefing up its capital stock from P20 million to P50 million. In a disclosure to the Philippine Stock Exchange, Atok-Big Wedge said …