Ferronoux announces leadership changes after P297-million share deal

FERRONOUX Holdings, Inc. on Thursday announced a revamp in management after a P297-million share deal with backdoor lister Themis Group Corp. Michael C. Cosiquien stepped down as chairman, president and director of the listed company, it said in a stock exchange filing. He will be replaced by James G. Lorenzana, who was appointed Ferronoux director