Leandro Leviste’s SPNEC got a big vote of confidence from shareholders, raises P2.8B from fully-subscribed rights offering

Shareholders of Solar Philippines Nueva Ecija Corp. (SPNEC) gave a resounding vote of confidence to techpreneur Leandro Leviste and his massive plans for the power firm.

SPNEC raised P2.8 billion from a stock rights offering which has been fully subscribed in both the first and second rounds on strong takeup from its existing investors.