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First Gen Corp., the power generation unit of the Lopez Group, will undertake a stock rights offer to raise P15 billion in line with an increase in its authorized capital stock to P7.25 billion from P3.27 billion.
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BAUANG PRIVATE POWER CORP

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First Gen Corp., the power generation unit of the Lopez Group, will undertake a stock rights offer to raise P15 billion in line with an increase in its authorized capital stock to P7.25 billion from P3.27 billion.
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abtest

First Gen plans P5-billion preferred shares offer, doubles first quarter profit

By Donnabelle L. Gatdula | May 13, 2010 - 12:00am

First Gen Corp. the power generation unit of the Lopez Group, plans to raise up to P5 billion through the issuance of preferred shares in the fourth quarter of this year.

Business

RFID makes redundant car windshield stickers

By Federico D. Pascual Jr. | January 28, 2010 - 12:00am

The stickers blocking the view of windshields of motor vehicles will be scraped off when all conveyances are finally equipped with a radio frequency identification (RFID) tag by November.

Opinion

First Gen profit falls 85% in 9 months

By Donnabelle L. Gatdula | November 11, 2009 - 12:00am

First Gen Corp., the power generation arm of the Lopez Group, suffered a substantial 85-percent drop in its net income in the first nine months of 2009 to $7 million from $45.8 million in the same period last year,...

Business

First Gen eyes P15 billion from stock rights offer

By Donnabelle L. Gatdula | October 7, 2009 - 12:00am

First Gen Corp., the power generation unit of the Lopez Group, will undertake a stock rights offer to raise P15 billion in line with an increase in its authorized capital stock to P7.25 billion from P3.27 billi...

Business

Bauang Private Power agrees to settle P1.8-billion taxes

March 4, 2009 - 12:00am

SAN FERNANDO, La Union, Philippines – Gov. Manuel Ortega disclosed that the management of the Bauang Private Power Corp. (BPPC) finally agreed on Friday to pay unpaid taxes and penalties amounting to P1.866...

Nation

First Gen seeks to refinance $700-M debt

By Zinnia B. Dela Peña | October 8, 2008 - 12:00am

First Gen Corp., a unit of the Lopez Group, is seeking to refinance of $700 million worth of debt and selling a part of ...

Business

PSALM sets bid for Napocor IPP deals in August

By Donnabelle L. Gatdula | March 23, 2008 - 12:00am

Business

ADB energy specialist bats for privatization of IPP contracts

By Donnabelle L. Gatdula | February 20, 2008 - 12:00am

Business

Power firm says Napocor liable for P1.8-B unpaid taxes

By Jun Elias | February 10, 2008 - 12:00am

Nation

PSALM to bid out IPP contracts in early 2008

By Donnabelle L. Gatdula | October 23, 2007 - 12:00am

Business