^
+ Follow DENNIS AND LARRY VILLAREAL Tag
DENNIS AND LARRY VILLAREAL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 187819
                    [Title] => SEC okays hike in authorized capital of Salcon International
                    [Summary] => The Securities and Exchange Commission has approved an increase in the authorized capital stock of Salcon International Inc. (sister company of listed energy firm Salcon Power Corp.) from P12 million to P750 million.


Salcon International was awarded by the Bohol provincial government the authority to rehabilitate, own, and operate the Bohol provincial electric system.

Out of the firm’s new authorized capital, P63 million has been subscribed. The increase was made to cover additional working capital requirements.
[DatePublished] => 2002-12-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 150701 [Title] => Singapore firm to raise P691-M [Summary] => Singapore-based energy firm Salcon Power Corp. (SPC) will lead off the anticipated stream of initial public offerings (IPOs) this year, starting the offer period to raise as much as P691 million on March 6.

In a circular to the Philippine Stock Exchange, SPC said it will offer a total of 313.9 million common shares or 20 percent of its outstanding capital to the public from March 6-14, to be tentatively listed on April 2.
[DatePublished] => 2002-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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