SEC clears capital stock hike of AC Energy

The Securities and Exchange Commission has approved AC Energy Corp.’s (ACEN) capital hike, the listed firm told the local bourse on Friday.  ACEN increased its capital stock to P48.40 billion from the previous P24.40 billion, which would pave the way for the asset-for-share swap with AC Energy and Infrastructure Corp. for the latter’s international assets.  […]