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Citicore streamlines CREC ownership
The Philippine Star
|December 30, 2025
Citicore Renewable Energy Corp. (CREC) is streamlining its ownership structure through a property dividend declaration by its majority shareholder, while ensuring that key shareholders retain management control.
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In a disclosure to the Philippine Stock Exchange, CREC said Citicore Power Inc. (CPI) is distributing its 5.58 billion CREC shares to its shareholders Citicore Holding Investments Inc. (CHII) and Purple Seed Capital Holding Inc. (PSCHI).
The distribution will be based on CPI’s ownership structure, with 80 percent going to CHII and the remaining 20 percent to PSCHI.
Cette histoire est tirée de l'édition December 30, 2025 de The Philippine Star.
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