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Solar Philippines says set for Dec. 17 market debut, IPO 2x oversubscribed
Solar Philippines says set for Dec. 17 market debut, IPO 2x oversubscribed
ABS-CBN News
Published Dec 15, 2021 06:03 PM PHT
Solar Ranch or Southeast Asia’s largest solar project will soon rise on a former ranchland developed by Solar Philippines Nueva Ecija Corporation. Handout
MANILA— Solar Philippines Nueva Ecija Corp said Wednesday it is all set for its Dec. 17 market debut after an "almost twice" oversubscription of its initial public offering.
The company has raised P5.3 billion in orders for its initial P2.7 billion offer, Solar Philippines said in a statement.
“We’re grateful for the public’s faith in our ability to turn this power point into a power plant, and hope our work can live up to these expectations,” said Solar Philippines founder Leandro Leviste.
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