AC Energy Philippines Inc. (Acen) is infusing P350 million into its subsidiary Buendia Christiana Holdings Corp. (BCHC) to support the latter’s acquisition of land that will be used in Acen’s potential projects.Acen said in a disclosure it signed an agreement with BCHC for the subscription of 3.5 million preferred shares in BCHC at P100 apiece.

 

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