Citicore Renewable Energy Corp., the power generation arm of businessman Edgar Saavedra, priced its initial public offering (IPO) at P2.70 per share, lower by 30.4 percent than the high end of its initial price range of P3.88.
At this price level, CREC will raise P5.4 billion in proceeds from the sale of 1.76 billion common shares and an overallotment option of 267.86 million shares,
The offer period will run from May...
Metro Rail Transit Line 3 said Tuesday it served 45,675,884 commuters in 2021 amid the COVID-19 pandemic.
The line served 4.1 million commuters for both...
Share prices inched higher Tuesday on select bargain hunting and declining COVID-19 cases, ignoring the plunge in most of Asian stock markets.
The Philippine Stock...
