SPC Power amends ownership structure

by The Manila Times

Dec 22, 2022 12:57 am

SPC Power Corp. on Wednesday announced that its foreign ownership restriction had been changed from no limit to 40 percent.

In a disclosure to the Philippines Stock Exchange, SPC Power explained that as a company engaged in the business of power generation, no foreign ownership limitation was required pursuant to Republic Act 9136, or the 'Electric Power Industry Reform Act of 2001.'

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