ACEN board approves preferred share offering

By Ed Paolo Salting

Jul 27, 2023 12:29 am

The issuance was approved during a special meeting on Tuesday, ACEN said in a disclosure.

The base offer involves 12,500,000 preferred shares plus an oversubscription option of up 12,500,000 preferred shares at P1,000 apiece with a par value of P1 per preferred share.

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