Japan's Tokai hikes stake in Pure Energy subsidiary

Tokai Corp. will increase its stake in Repower Energy Development Corp. (REDC), a subsidiary of Pure Energy Holdings Corp., to 20.1 percent. Tokai, which was an anchor investor to REDC’s initial public offering (IPO) by purchasing a 10-percent stake, will purchase an additional 65.1 million shares. The shares will be…

Related Keywords

Bukidnon ,Sagay City ,Philippines ,Japan ,Tibag ,Bulacan ,Cabanglasan ,Eric Petery Roxas , ,Tokai Holdings Corp ,Repower Energy Development Corp ,Pure Energy Holdings Corp ,Tokai Corp ,Repower Energy Development ,Eric Peter ,