Citicore Renewable’s P12.9-B IPO OKd

MANILA, Philippines  —Tycoon Edgar Saavedra’s Citicore Renewable Energy is moving closer to launching the country’s first initial public offering (IPO) in 2024 after its P12.9-billion listing was cleared by the Securities and Exchange Commission (SEC). In statement on Wednesday, the corporate regulator announced the approval of the company’s registration of 10.04 billion common shares. The
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