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…
Japanese firm raises stake in Repower to 20 1% inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
The share price of Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp., was little changed during its debut in the Philippine Stock Exchange (PSE) on Monday. Repower’s shares closed less than 1 percent higher to P5.04 from the initial public offering (IPO) price of P5. It opened…
Repower gets Japanese group as IPO anchor investor inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
Tokai Holdings Corp. (Tokai) of Japan is buying a chunk of Repower Energy Development Corp. (REDC) shares on offer in its initial public offering (IPO) as an anchor investor. REDC, a subsidiary of Pure Energy Holdings Corp., announced Thursday that Tokai will take a 32.5-percent stake out of REDC’s IPO.…