World Trade Flash

SEC clears La Union power utility’s public offering

SEC clears La Union power utility’s public offering

MANILA, Philippines — A La Union-based power utility has obtained the corporate regulator’s green light for its P272-million direct public offering (DPO). The Securities and Exchange Commission (SEC) said on Thursday the Commission en banc gave its go signal last Dec. 27. This was for the registration statement of La Union Electric Company Inc. (Lueco)

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