Meralco 2020 Net Income: Consolidated Core Net Income Down 9%

Meralco 2020 Net Income: In a press-release disclosure to the Philippine Stock Exchange on March 1, 2021, Manila Electric Company or Meralco (ticker symbol: MER) said that the company posted 2020 Consolidated Core Net Income (CCNI) of P21.7Bn, 9% lower than the P23.8Bn CCNI in 2019. Meralco 2020 Net Income Financial Highlights Financial highlights as

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Meralco Acquires Additional 20% Equity in PowerSource First Bulacan Solar, Inc.

In its disclosure to the Philippine Stock Exchange on January 7, 2021, Meralco (ticker symbol: MER) said PowerGen Corporation (MGen) acquired additional 20 percent equity in PowerSource First Bulacan Solar, Inc. (PowerSource) through its wholly-owned subsidiary MGen Renewable Energy, Inc. The transaction increases MGen’s’s indirect holdings to 60%; MGen is a 100% subsidiary of Meralco.

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MERALCO PowerGen Corporation acquires 86% stake in Global Business Power Corporation

Meralco disclosed on December 28, 2020 the substantial acquisition of Global Business Power Corporation by Meralco Powergen Corporation. The disclosure was posted on the PSE Edge website as follows: “MERALCO PowerGen Corp. (“MGEN”), a wholly-owned power generation subsidiary of Manila Electric Company (“Meralco”) entered into share purchase agreements with Beacon Powergen Holding Inc. (“BPHI”), a

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Best2Invest’s Dividend Stocks

Best2Invest’s dividend stocks: As the end of the year approaches, a common concern by investors, both veterans and greenhorns, is determining the best stocks to carry in their portfolio for the upcoming year. Best Philippine Stocks for 2021: Dividend-yielding Stocks Happy new year! Happy new year, indeed! We will have a brand new year very

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