SPC Power Corp. said Thursday its board approved the sale of its 29,925,000 common shares in Bohol Light Company Inc. (BLCI) for P6.67 per share to businessman Enrique Razon Jr.’s Primelectric Holdings Inc. for a total of P199.5 million.
SPC Power Corp. said Thursday its board approved the sale of its 29,925,000 common shares in Bohol Light Company Inc. (BLCI) for P6.67 per share to businessman Enrique Razon Jr.’s Primelectric Holdings Inc. for a total of P199.5 million.