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...
EEI Corporation, the Yuchengco Group’s construction unit, is planning a follow-on offering of up to P6 billion worth of preferred shares to fund its participation in the government’s infrastructure projects. In a disclosure to the Philippine Stock Exchange, EEI said its Board of Directors has...