Solar Philippines Nueva Ecija Corp. (SPNEC), the first company to debut on the Philippine Stock Exchange (PSE) under the renewable energy (RE) listing framework and the first solar pure-play to come to the market, priced its initial public offering (IPO) at P1 per share.
This pegged at P2.7 billion the offering size of SPNEC, which is led by 28-year-old Leandro Antonio Leviste, the youngest business founder to bring a company public in recent local bourse history.
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