Lopez majority hits reduced hydro stake anew

MANILA, Philippines – The Lopez majority has raised fresh concerns over First Gen Corp.’s decision to reduce its stake in Prime Hydropower Energy Inc. (PHEI) to 33 percent from 40 percent, arguing that the move was never presented to the board and therefore lacks legal basis. In a statement on Wednesday, the Lopez majority led […]... Keep on reading: Lopez majority hits reduced hydro stake anew