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RE firm NexGen lists on PSE's SME Board

NEXGEN Energy Corp., the wind and solar power arm of Pure Energy Holdings Corp., formally joined the Philippine Stock Exchange's (PSE) Small, Medium and Emerging (SME) Board on Tuesday following its P529-million initial public offering (IPO).

NexGen shares opened at P1.76 each, higher than the IPO price of P1.68, peaked at P1.84, and eventually closed 3 centavos higher at P1.71 apiece.