Conglomerate SM Investments Corp. (SMIC) said Wednesday it acquired a 28.79-percent stake in Citicore Energy REIT Corp. (CREIT), the country’s first renewable energy real estate investment trust firm, for P5 billion.
SMIC said in a disclosure to the stock exchange it purchased 1.884 billion shares in CREIT from Citicore Renewable Energy Corp. (CREC) and Citicore Solar Tarlac 1 at P2.6534 apiece.
After the transaction, CREC will remain the largest stakeholder in...
Gadgets retailer Upson International Corp. said Monday its net income in 2023 reached P464.2 million, down 13.7 percent from P537.85 million in the same...
The board of D.M. Wenceslao & Associates Inc. (DMW) declared cash dividends amounting to P0.078971515 per share, or a total of P268.176 million, during...
The Securities and Exchange Commission (SEC) said Monday it blocked the cryptocurrency site Binance in the Philippines after the regulator found it to have...