Razon firm bags majority stake in Bohol Light

TAGBILARAN CITY — Primelectric Holdings Inc. (PHI), a subsidiary of the Enrique Razon-led More Electric and Power Corp. (More Power) in Iloilo City, now holds a controlling stake in Bohol Light Company Inc. (BLCI). This was achieved through the acquisition of 70 percent of shares in BLCI from SPC Power Corp. Formerly known as Salcon
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