SPNEC stock rights offering gets SEC approval

By Ed Paolo Salting

Jul 22, 2022 12:07 am

THE Securities and Exchange Commission (SEC) has given its authority to proceed with the planned stock rights offering (SRO) of Solar Philippine Nueva Ecija Corp. (SPNEC) by confirming that the transaction is exempt from the registration requirements under the Securities Regulation Code.

In a disclosure, SPNEC said the SEC issued the confirmation of exempt transaction on July 19, 2022, in connection with its filing with the SEC on April 8, 2022.

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