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...
Aboitiz Construction said it secured a new maintenance project for Apo Agua Infrastructura Inc., further contributing to water infrastructure development.
This followed the inauguration of...
Retail grocery chain Super8 recently held its two-day summer sale where members received discounts and deals on essential and basic items, helping them to...
The Securities and Exchange Commission (SEC) said Monday it recently opened a new office in Butuan City to support the support business formation amid...