Public Offering of Shares by Electric Utilities

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ERC Resolution NO. 18, S. 2005: Public Offering of Shares by Electric Utilities

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Title Source: Supreme Court: Public Offering of Shares by Electric Utilities

Law: Erc No. 18, S. 2005

Decision Date: Aug 17, 2005

Generation companies and distribution utilities not listed on the Philippine Stock Exchange are mandated to publicly offer at least 15% of their common shares within five years to enhance private capital inflow and modernize the electric power industry.

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