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ENEX gets SEC nod for capital stock increase
Business World Philippines
|November 25, 2025
ENEX ENERGY CORP., a subsidiary of Ayala-led ACEN Corp., has secured approval from the Securities and Exchange Commission (SEC) to raise its authorized capital stock, enabling the company to access additional funding.
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The SEC approved ENEX's proposed increase in authorized capital stock to P1.3 billion from P1 billion, the company said in a regulatory filing on Monday. This allows ENEX to issue more shares under its articles of incorporation.
The resolution provides for 1 billion common shares at P1 per share and 300 million preferred shares at P1 per share.
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