Tag page - stock rights offering (SRO)

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Manila Bulletin

ACEN plans ?30-billion stock rights offering to fund RE growth
To fuel expansion and bolster its finances, ACEN Corp., Ayala Corp.’s renewable energy (RE) unit, plans to raise fresh capital through a stock rights offering (SRO). In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, April 23, ACEN announced the approval to issue up to ₱30...
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AC Energy slates February offer period for SRO
Ayala-led AC Energy Philippines Inc. (ACEN) has slated February next year as the offer period for its stock rights offering (SRO), in which 2,267,580, 434 common shares will be issued. The stock listing has been priced at P2.37 per share, based on approval that it had secured for its SRO from the...
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