X: Xurpas loan from shareholders
X:On February 20, 2019, Xurpas Inc. announced that the founders of Xurpas Inc. (the "Company") will extend an aggregate of Php150 million into the Company, through shareholder advances. The proceeds of the loan will be used by the Company to fund enterprise projects and for general corporate purposes. The said loan has been approved by the board of directors of the Company on the said date.
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