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+ Follow SALCON AND KEPHILCO Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 312416 [Title] => Koreas Kepco buys 43.8% of listed Salcon Power for P1.18B [Summary] => Kepco Philippines Corp., the local subsidiary of Korea Electric Power Corp., and other investors have agreed to acquire 43.8 percent of publicly-listed electricity generator Salcon Power Co. for P1.18 billion.
In a disclosure to the Philippine Stock Exchange, Salcon said a total of 654.995 million of its shares would be sold to Kephilco, a unit of Korea Electric Power, and IJ Group for P1.80 each.
Of the total, 597.998 million shares, representing 40 percent of Salcon, will be sold to Kephilco.
[DatePublished] => 2005-12-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SALCON AND KEPHILCO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 312416 [Title] => Koreas Kepco buys 43.8% of listed Salcon Power for P1.18B [Summary] => Kepco Philippines Corp., the local subsidiary of Korea Electric Power Corp., and other investors have agreed to acquire 43.8 percent of publicly-listed electricity generator Salcon Power Co. for P1.18 billion.
In a disclosure to the Philippine Stock Exchange, Salcon said a total of 654.995 million of its shares would be sold to Kephilco, a unit of Korea Electric Power, and IJ Group for P1.80 each.
Of the total, 597.998 million shares, representing 40 percent of Salcon, will be sold to Kephilco.
[DatePublished] => 2005-12-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | December 16, 2005 - 12:00am
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