Business - Stock Commentary | Philstar.com

Citicore Renewable Energy clarified a recent report on its increase in capex for FY25, confirming the base thesis of the article that CREC “will likely have an increase in [capex] for 2025”, but adding that the “shelf registration” mentioned in the article for future fundraising is actually a “possible bond issuance with shelf registration.”

Megawide, the infrastructure and property development arm of Edgar Saavedra’s group of companies, clarified a recent report on its 42-station Cavite Bus Rapid Transit Project to say that the total project cost of P1.87 billion will be “spread over the concession period of 30 years” and that MWIDE expects to complete Phase 1 of the Cavite BRT “in about two years.”

Citicore Renewable Energy Corp. disclosed that its parent company, Citicore Power Inc., will sell 346.34 million common shares of CREC to the public ahead of PT Pertamina Power Indonesia’s acquisition of 2.23 billion primary shares of CREC.

Alternergy appointed two financial advisors to its team of consultants overseeing ALTER’s “capital raising framework to support the roll-out of its Road to 500 MW capacity target.”

s promised, 10 readers who filled out my Personal Spending Audit Challenge survey received their ?200 Grab Food vouchers on Friday morning, and while it warms my heart to be able to give away a tasty treat, it meant so much more to me to have over 300 people taking part in this personal finance challenge. I said that I’d give the results of the survey, so let’s go question by question and talk about it!