THE Philippine Stock Exchange (PSE) said Tuesday it had lifted the trading suspension of SP New Energy Corp. (SPNEC) after the firm disclosed the required information about its takeover of Terra Solar Philippines Inc. (TSPI), its joint venture with Prime Infrastructure Inc. (Prime Infra).

'In compliance with the Substantial Acquisition Rule, SPNEC submitted to the Exchange its disclosure containing the required additional information on the foregoing transaction. Given the foregoing, the trading suspension on SPNEC shares will be lifted at 11:25 a.m. on December 19, 2023,' the PSE said in a statement.