NGCP to increase capital stock | Lenie Lectura
THE NATIONAL Grid Corp. of the Philippines (NGCP) is increasing its authorized capital stock (ACS) to accommodate the issuance of the non-voting preferred shares to Synergy Grid and Development Philippines, Inc. (SGP). SGP is subscribing to 203.63 million non-voting preferred shares of NGCP at P6.10 apiece for a total of…