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CREC eyes P35B capex for 2024, to add 5,000 MW in 5 yrs

CREC eyes P35B capex for 2024, to add 5,000 MW in 5 yrs
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SEC approves Alternergy's P1.89-B IPO

The Securities and Exchange Commission (SEC) has approved the planned P1.89 billion initial public offering (IPO) of Alternergy Holdings Corporation.
The Commission En Banc has resolved to render effective the registration statement of Alternergy Holdings covering 4.32 billion common shares, subje ....

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SEC approves North Star's P4.5-B IPO

The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of North Star Meat Merchants, Inc. worth up to P4.5 billion.
In its meeting on May 17, the Commission En Banc resolved to render effective the registration statement of North Star Meat Merchants covering 1.8 ....

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SEC clears North Star Meat Merchants IPO

MANILA - The Securities and Exchange Commission (SEC) has considered favorably the initial public offering (IPO) of meat vendor and supplier North Star Meat Merchants Inc. worth up to PHP4.5 billion. In its meeting on May 17, the SEC en banc resolved to render effective the registration statement of North Star Meat Merchants covering 1.8 billion common shares, subject to the company's compliance with certain remaining requirements. North Star Meat Merchants will offer to the public up to 360 million common shares priced at up to PHP10 per share. The offer will also include 32 million shares to be offered by selling shareholder Golden MJTF Holdings, Inc., plus an overallotment option of 58 million common shares, priced at up to PHP10 each. The shares will be listed and traded on the Main Board of the Philippine Stock Exchange (PSE). Net proceeds from the offering of the primary shares are expected to amount to about PHP3.462 billion, which the company will use for capital expenditur ....

Holdings Inc , Main Board Of The Philippine Stock Exchange , Sb Capital Corporation , Star Meat Merchants Inc , China Bank Capital Corporation , Exchange Commission , Investment Corporation , Capital Investment Corporation , North Star Meat Merchants , Star Meat Merchants , Main Board , Philippine Stock Exchange , Manila The Securities And Exchange Commission Sec Has Considered Favorably Initial Public Offering Ipo Of Meat Vendor Supplier North Star Merchants Inc Worth Up To Php4 5 Billion In Its Meeting On May 17 , He Sec En Banc Resolved To Render Effective The Registration Statement Of North Star Meat Merchants Covering 1 8 Billion Common Shares , Ubject To The Company 39s Compliance With Certain Remaining Requirements North Star Meat Merchants Will Offer Public Up 360 Million Common Shares Priced At Php10 Per Share Also Include 32 Be Offered By Selling Shareholder Golden Mjtf Holdings , Lus An Overallotment Option Of 58 Million Common Shares , Riced At Up To Php10 Each The Shares Will Be Listed And Traded On Main Board Of Philippine Stock Exchange Pse Net Proceeds From Offering Primary Are Expected Amount About Php3 462 Billion , Hich The Company Will Use For Capital Expenditures To Expand Its Cold Chain Infrastructure , O Increase Working Capital , Nd Expand Product Lines Assuming The Overallotment Option Is Fully Exercised , Olden Mjtf Holdings Can Net Up To Php864 45 Million From The Offering North Star Meat Merchants Will Not Receive Proceeds Sale Of Selling Shareholder 39s Shares Operates 360 Concessions Nationwide It Has 8 09 Kilograms Company Owned Cold Storage Capacity Across Country And Deliver 120 , 000 Kilograms Of Meat Daily The Ipo Will Run From May 30 To June 3 , Ith Listing On The Pse Scheduled For June 10 , Ccording To The Latest Timetable Submitted Sec Meat Vendor And Supplier Engaged Bdo Capital Investment Corporation As Sole Issue Manager , Hich Will Be Joined By China Bank Capital Corporation As Joint Lead Underwriters And Bookrunners Pnb Investment Sb Also Serve Co Pr ,