THE Securities and Exchange Commission (SEC) on Wednesday said that it had approved public offerings by the Gotianun-led Filinvest Development Corp. (FDC) and Dagupan Electric Corp.
The commission en banc, in a meeting last week, greenlit the registration statements of FDC covering P32 billion worth of fixed-rate bonds and of Dagupan Electric for 14.66 million common shares, "subject to the companies' compliance with certain remaining requirements."
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