The P2.7 billion initial public offering (IPO) of Solar Philippines Nueva Ecija Corporation (SPNEC), developer of what is touted as Southeast Asia’s largest solar project, is almost two times oversubscribed ahead of its listing on December 17, 2021. “SPNEC’s IPO was oversubscribed, receiving P5.3 b
The initial public offering (IPO) of Solar Philippines Nueva Ecija Corp. (SPNEC), a unit of Solar Philippines Inc., was almost two times oversubscribed ahead of its market debut by the end of the week, according to its underwriter. “SPNEC’s IPO was oversubscribed, receiving P5.3 billion in orders for the P2.7-billion…
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The initial public offering (IPO) of Solar Philippines' wholly-owned unit, Solar Philippines Nueva Ecija Corp. (SPNEC), was well-received by investors, with demand exceeding the amount of shares offered.