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ACEN raising P30B
Manila Bulletin
|April 24, 2025
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 P30 billion in primary common shares, with a minimum price of 22.30 per share.
ACEN President and Chief Executive Officer (CEO) Eric Francia explained that this increase in authorized capital stock would enable the issuance of more shares through SRO or private sale.
Diese Geschichte stammt aus der April 24, 2025-Ausgabe von Manila Bulletin.
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