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MGreen forks out initial P7B for SPNEC | The Manila Times

MGEN Renewable Energy Inc. (MGreen), the renewable energy development arm of Meralco Powergen Corp. (MGen), has signed a deal with SP New Energy Corp. (SPNEC) for the purchase of a controlling 50.5-percent stake, forking out an initial P7 billion for the subscription agreement. ....

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Chinese fast-fashion retailer Shein makes confidential filing for US IPO

Shein, the Chinese fast-fashion group, has filed confidential paperwork for an initial public offering with the US securities regulator, according to two. ....

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KG Mobility launches in the Philippines; introduces 5 vehicles in initial offering

SOUTH Korean auto brand KG Mobility has officially entered the Philippine market under the distributorship of The Covenant Car Company Inc. (TCCCI), The establishment of KG Mobility Philippines (KGM PH) was formalized in the third quarter of this year, Jose Cuisia Jr., chairman of the board of TCCCI, emphasized that the establishment of KGM PH reflects the enduring partnership between the Philippines and South Korea. He expressed optimism that the local market will positively respond to the new brand s product offerings. ....

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