Solar Philippines Nueva Ecija Corp. (SPNEC), the first pure renewable energy firm to go public, has pegged its initial public offering (IPO) price at P1 per share for an offer size of P2.7 billion.
In a disclosure to the Philippine Stock Exchange, the firm said the offer period is planned for Dec. 1 to 7, 2021, with a tentative listing date on the Main Board of the PSE on Dec. 17, 2021.
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