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THE Philippine Stock Exchange (PSE) said Tuesday it had lifted the trading suspension of SP New Energy Corp. (SPNEC) after the firm disclosed the required information about its takeover of Terra Solar Philippines Inc. (TSPI), its joint venture with Prime Infrastructure Inc. (Prime Infra).
It might be in the Yao Family’s best interest, but without further data, we don’t have enough info to know if the deal is good for the rest of us.
December 29, 2020 | 12:02 am Font Size PHILSTAR/EDD GUMBAN THE LOCAL bourse on Monday suspended the trading of securities of Manila Electric Co. (Meralco), which earlier announced its unit Meralco PowerGen Corp.âs (MGen) intention to acquire 100% ownership of Global Business Power Corp. (GBP) as the distribution utility has yet to submit the requirements for the substantial acquisition. In a regulatory filing, open-end investment company First Metro Philippine Equity Exchange Traded Fund, Inc. (FMETF) said that the suspension took effect on Monday morning. âThe Exchange dee...