FIRST PHILIPPINE HOLDINGS IS A CORPORATION THAT IS CONSTANTLY IN ACTION. WE’RE ALWAYS TRYING TO FIND WAYS TO DELIVER FOR OUR STAKEHOLDERS AND THE FILIPINO PEOPLE.
On October 15, 2008, the board of directors of First Gen Corporation (“First Gen”) recently approved the sale of 60% of First Gen Hydro Power Corporation (“FGHPC”) to Energy Development Corporation (“EDC”). Sixty percent of of FGHPC’s equity value represents approximately USD 105 million.
To view / download the full disclosure and press release of First Gen, please click on the file below: