Pangilinan-led Metro Pacific Investments Corp. (MPIC) is targeting to acquire up to 43-percent shareholdings in publicly listed SP New Energy Corp. (SPNEC). In a statement, it was disclosed that MPIC Chairman Manuel V. Pangilinan and SPNEC President and CEO Leandro Leviste signed the agreement for...
Solar Philippines Power Project Holdings, Inc. (SP) is offering to purchase any shares from SP New Energy Corporation’s (SPNEC) Stock Rights Offering (SRO) that are not fully-paid to ensure its completion by March. In a disclosure to the Philippine Stock Exchange, SPNEC said it is committed to...
Solar Philippines Nueva Ecija Corporation’s change in its corporate name to SP New Energy Corporation (SPNEC) has started to be reflected on the systems of the Philippine Stock Exchange (PSE) on November 8, 2022. In a statement, the firm said this change reflects the company’s expansion from a...
Solar Philippines Nueva Ecija Corporation (SPNEC) aims to complete its acquisition of the assets of parent company Solar Philippines worth about P60 billion by the end of this year. In a disclosure to the Philippine Stock Exchange, the firm said that the conclusion of its P3.3 billion Stock Rights...
The Philippine Stock Exchange (PSE) has approved the stock rights offering of Solar Philippines Nueva Ecija Corporation, the renewable power company founded by Leandro Leviste, worth up to P3.34 billion. The PSE also approved the proposed SRO timetable, with an Ex-Date of August 22, 2022, Record...
The Securities and Exchange Commission (SEC) has approved the planned P3.3 billion stock rights offering (SRO) of Solar Philippine Nueva Ecija Corporation (SPNEC), by confirming that the transaction is exempt from registration requirements. In a disclosure to the Philippine Stock Exchange, SPNEC...
Solar Philippines Nueva Ecija Corporation (SPNEC) has firmed up plans for its stock rights offering (SRO) worth up to P3.3 billion. In a disclosure to the Philippine Stock Exchange, the firm said it plans to seek regulatory approval for the SRO at an entitlement ratio of one share for every 1.28...
Solar Philippines Nueva Ecija Corp. (SPNEC) is accelerating its timetable for the development of four gigawatt (GW) projects from Solar Philippines (SP) so it can undertake its planned stock rights offering (SRO) earlier. In a disclosure to the Philippine Stock Exchange on Thursday, March 17, SPNEC...
Solar Philippines Nueva Ecija Corporation’s stockholders have approved its increase in authorized capital stock and the P60 billion share swap with parent company Solar Philippines Power Project Holdings Inc. In a disclosure to the Philippine Stock Exchange, the firm said it will raise its...
Solar Philippines Nueva Ecija Corporation (SPNEC) has approved a P60.9-billion asset-for-share swap with its parent company Solar Philippines Power Project Holdings, Inc. (SPPPHI). In a disclosure to the Philippine Stock Exchange, the firm said the swap involves the acquisition of 100 percent of...
Solar Philippines Nueva Ecija Corporation (SPNEC) is raising P10 billion from the capital market, including a planned stock rights offering (SRO), to complete its development of 10 GW of solar projects. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has...
Solar Philippines Nueva Ecija Corp. (SPNEC) is considering a stock rights offering and form joint ventures as part of plans to develop 10 gigawatt (GW) of solar projects. In a disclosure to the Philippine Stock Exchange, the firm said the development plans will be firmed up once its asset-for-share...
