ACEN subscribes to additional shares of subsidiaries - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
THE Ayala Group’s renewable energy (RE) arm ACEN Corp. is injecting some P12.87 billion in six different subsidiaries to fund power projects across the Philippines. In separate disclosures to the stock exchange, ACEN said it has acquired additional redeemable preferred and common shares in Giga Ace 6 Inc., Giga Ace…