Synergy Grid and Development Philippines, Inc. (SGP) successfully listed the shares from its P13.8 billion follow-on offering (FOO) on the Philippine Stock Exchange (PSE). The stock closed 5 percent higher at P12.60 per share from its FOO price of P12.00 apiece. SGP offered 1.05 billion common...
Synergy Grid & Development Philippines, Inc. has set the final price for its follow-on offering at P12.00 per share—at the bottom of its adjusted price range of P12 to P17 per share. This lower FOO price translates to a maximum IPO size of P13.81 billion. Earlier this week, SGDP lowered its...
Synergy Grid & Development Philippines, Inc. has lowered its follow-on offering size by 32 percent to a maximum of P19.57 billion from the earlier ceiling of P28.86 billion. Based on the firm’s disclosure to the Philippine Stock Exchange, the firm said it has reduced its FOO price range to...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
S YNERGY GRID & DEVELOPMENT PHILS., INC. will be holding its Annual Stockholders’ Meeting on 27 September 2021 at 2:00 p.m. The meeting will be held virtually in view of the COVID-19 pandemic and to ensure the safety and welfare of our shareholders and participants.
SYNERGY GRID & DEVELOPMENT PHILS., INC. will be holding its Annual Stockholders’ Meeting on 27 September 2021 at 2:00 p.m. The meeting will be held virtually in view of the COVID-19 pandemic and to ensure the safety and welfare of our shareholders and participants.
Senator Risa Hontiveros on Friday said she supports the proposal to restore to the government control of the National Grid Corp. of the Philippines (NGCP) saying this would allow better management of grid reserves and fix cyber-security issues in the power transmission sector. “It is time to...
Senator Sherwin Gatchalian on Friday said he has “grave reservations” over the Department of Energy’s (DOE) proposal to revert the control of the country’s power grid back to the government. Gatchalian, chairman of the Senate Committee on Energy, pointed out corruption was the main reason...
The Department of Energy (DOE) on Thursday assured it is investigating if there is indeed possible collusion among power distribution firms to ascertain if this is the cause of the recent rotational brownouts that occurred in Luzon. DOE chief Alfonso Cusi told the Senate Energy Committee the agency...
The Department of Energy (DOE), headed by Secretary Alfonso Cusi, should own up and take responsibility for the power outages happening in Luzon and Metro Manila, Senator Sherwin Gatchalian said. Gatchalian said the agency must accept accountability, since it is mainly responsible for implementing...
Secretary Alfonso Cusi doesn't believe that he has been remiss in his job as Department of Energy (DOE) chief as a result of him tending to his tasks related to politics. DOE Secretary Alfonso Cusi (Ariel Fernandez / File photo/ MANILA BULLETIN) Cusi also wears the hat of vice chairman of ruling...
’TOL VIEWS Senator Francis N. Tolentino The National Grid Corporation of the Philippines (NGCP) has placed the entire Luzon grid under red alert due to insufficient power supply. As rotational brownouts loom due to low power reserves brought by high electricity demand, this latest electricity...
