By James A. Loyola NexGen Energy Corporation, a renewable energy corporation with a portfolio of solar and wind service contracts, debuted on the upside at the Philippine Stock Exchange (PSE) with its share price rising 1.79 percent to P1.71 per share. The firm and its principal shareholders raised...
NexGen Energy Corporation, a renewable energy corporation with diverse solar and wind service contracts, has raised P529.2 million from its recently concluded initial public offering. In a statement, the firm said “Although the offer period (July 1 to July 8) was basically relatively short due to...
By TARA YAP ILOILO CITY – The Philippine National Police opened a police clearance satellite hub in Roxas City, the capital of Capiz province, on Wednesday, July 10. POLICE Brig. Gen. Jack Wanky (center), Roxas City Mayor Ronnie Dadivas (left), and Rhoda Avelino, regional operations manager of...
Roxas & Co. Inc. (RCI) clarified that it has no financial obligations to some 50,000 Batangas farmers and other individuals who will be affected by the company’s planned real estate development across its three haciendas, but to ensure that they are vacated peacefully. In a clarification to...
The Securities and Exchange Commission (SEC) has approved the planned P580 million initial public offering (IPO) of NexGen Energy Corporation. In its meeting on June 4, the Commission En Banc resolved to render effective the registration statement of NexGen Energy covering 1.49 billion shares,...
Roxas & Co. Inc. (RCI) has declined to identify the buyers of its treasury shares citing the Data Privacy Act and that these are not required to be disclosed to the Philippine Stock Exchange. During the firm’s annual stockholders’ meeting, a shareholder asked if 66.93 million treasury...
Aside from raising fresh capital from the investing public through its P580 million initial public offering (IPO), NEXGEN Energy Corporation is also in talks with Environmental, Social, and Governance (ESG) equity funds to help finance its renewable energy expansion program. "The company is in...
Roxas and Company, Inc. (RCI) has warned Nasugbu Mayor Antonio Jose Barcelon of “possible legal action” for issuing inaccurate and "malicious" statements against company. In two separate letters addressed to the mayor's office, RCI refuted Barcelon's earlier claims that were posted on his...
The Philippine Stock Exchange (PSE) has approved the application of Roxas Holdings Inc. (RHI) for a nine-day voluntary suspension of the trading of its stocks following the planned takeover of young tycoon Leandro Leviste. In its letter to the PSE, RHI said it sought a trading suspension to avoid...
Young billionaire Leandro Leviste’s Countryside Investments Holdings Corporation has signed a term sheet with tycoon Manuel V. Pangilinan to invest P5 billion for an initial 71.6 percent in Roxas Holdings Inc. Countryside’s investment will help Roxas Holdings service debt to avoid bankruptcy,...
Roxas and Company Inc. (RCI) is facing more financial challenges as the municipality of Nasugbu, Batangas announced that it is seeking the collection of unpaid real property taxes and may foreclose Haciendas Palico, Banilad, and Kaylaway (the Roxas Haciendas) if these are not paid. The announcement...
Roxas and Company, Inc. (RCI) reported today, May 8, that its independent director Aurelio Montinola III has resigned after the firm disclosed the day before, May 7, that his wife has acquired a significant amount of the firm’s shares at a discounted price of P500 million. In a disclosure to the...
