Tag: #AC Energy Philippines Inc.
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Bidders for Malaya plant trimmed to 2 firms
The prospective bidders in the 650-megawatt Malaya thermal power plant had been trimmed to two companies, from originally 4 to 5 companies, but state-run Power Sector Assets and Liabilities Management Corporation (PSALM) said it is still keen on divesting the facility via a negotiated deal by May 7 this year.
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PSE okays P88.9-B Monde Nissin, ACEN fund raising
The Philippine Stock Exchange has approved the stock offerings of Monde Nissin Corporation and AC Energy Corporation which, combined, will raise up to P88.9 billion from the equities market in May.
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Ayala energy firm investing P250M in subsidiary via shares subscription
Ayala-owned AC Energy Philippines Inc. (ACEN) will be investing P250 million in its subsidiary firm Buendia Christiana Holdings Corporation (BCHC) via shares subscription arrangement.