First Gen eyes delisting after P50-B gas windfall

MANILA, Philippines — First Gen Corp.’s exit from the local bourse looms as an option for the Lopez group after securing P50-billion fresh funds from its recent gas asset sale. The company made this disclosure Friday following a news report from Insider.ph about the possibility of First Gen delisting from the Philippine Stock Exchange following its deal with Prime Infrastructure Capital Inc. READ: Antitrust body clears P50-B gas deal of Prime Infra, First Gen However, the publicly listed renewable energy firm clarified that no definitive decision has been made at this time. “First Gen Corporation confirms that delisting the company is […]...

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