Renewable energy company Raslag Corp. raised Php 700 million in its initial public offering (IPO) in its debut on the Philippine Stock Exchange (PSE). Debuting under the stock symbol Aslag, the company’s...
Ayala-led ACEN and exploration subsidiary ACE Enexor (ENEX) have canceled its property-for-share swap agreement involving diesel and other assets due to “unfavorable market conditions.” Both firms’ boards of directors approved the deed...
Consunji-led Semirara Mining and Power Corporation (SMPC) has remitted Php5.9 billion in government royalty to the Department of Energy (DOE) for the first quarter this year, the highest so far in its...
Basic Energy Corporation has vowed to submit its financial reports to the Philippine Stock Exchange (PSE) prior to the “ultimate deadline” of June 1 after receiving a suspension warning from the local...
Yuchengco-led PetroEnergy Resources Corporation (PERC) registered a consolidated net income of Php253 million for the first quarter of 2022, a 48% jump from last year’s Php 170 million. PERC said that the...
The Philippine Stock Exchange (PSE) has approved the initial public offering (IPO) application of Raslag Corporation, which will be listed under the symbol ASLAG on June 6. The Pampanga-based solar power producer...
Citicore Energy REIT Corporation’s (CREIT) net income for the first quarter of 2022 soared to Php300 million, over ten times the Php24 million posted in the same period last year. The jump...
Lopez-led First Gen Corporation recorded a recurring net income of Php3 billion ($59 million) in the first quarter of 2022, a 25.1% decline from the Php3.8 billion ($78 million) posted in the...
Ayala-led ACEN said it posted a consolidated net income of Php405 million for the first quarter of 2022, 68% lower than the Php1.27 billion recorded in the same period last year. The...
SPC Power Corporation and its affiliate Intrepid Holdings Inc. (IHI) will no longer acquire German firm Steag GmBH’s 51% stake in STEAG State Power Inc – the operator of the 210-megawatt (MW)...
