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A Brown board approves changes to electric vehicle venture

LISTED energy firm A Brown Co. Inc. said Tuesday that its board of directors had greenlit revisions to its planned joint venture (JV) with Global Electric Transport (GET) Philippines Inc. to operate an electric vehicle (EV) shuttle service in Cagayan de Oro City.

'Please be advised, further to our disclosure on February 21, 2023, that the company's board of directors approved today, December 12, 2023, some proposed amendments to the JV Agreement with GET Philippines Inc. to create, promote, operate and manage the ABC Electric Shuttle Service,' A Brown said in a disclosure.