ATN-TBGI partner for capital injection in solar energy unit The - TopicsExpress



          

ATN-TBGI partner for capital injection in solar energy unit The boards of ATN Holdings (ATN) & Transpacific Broadband Group (TBGI) resolved to invest in ATN Philippines Solar Energy (ATN-PSEG), with the purchase of 184.63mn & 105mn common shares, respectively, at P1/share par value. The subscription requires paid-in capital of P46.16mn for ATN, P25.25mn for TBGI. The purchase of both firms will be taken from unsubscribed shares & subsequent increase in capital stock.
Posted on: Tue, 11 Nov 2014 01:28:06 +0000

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