Asset Acquisitions and Disposals::AEV Sells 25.01% Equity Stake in Abotiz Power Corporation

Issuer & Securities

Issuer/ Manager
AEV INTERNATIONAL PTE. LTD.
Securities
AEV INTL US$400M4.2%N300116 - XS2093792013 - QJMB
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
29-Sep-2021 16:45:09
Status
New
Announcement Sub Title
AEV Sells 25.01% Equity Stake in Abotiz Power Corporation
Announcement Reference
SG210929OTHRTR9H
Submitted By (Co./ Ind. Name)
Aboitiz Equity Ventures Inc/Mailene de la Torre
Designation
Authorized Representative
Effective Date and Time of the event
29/09/2021 17:00:00
Description (Please provide a detailed description of the event in the box below)
Aboitiz Equity Ventures Inc. (AEV), the parent company of AEV Intl Pte Ltd, disposed of 25.01% of its interest in Aboitiz Power Corporation. AboitizPower is the holding company of the Aboitiz Group's interests in power generation, power distribution, retail electricity supply. AEV retains control through majority ownership of AboitizPower after the transaction

The details are in the attached disclosures and Press Release filed with the Philippine Stock Exchange (PSE).

Attachments

09.27.2021 AEV 17C Approval of the Sale of AEV Common Shares in AP.pdf
09.27.2021 AEV PR re AEV to Raise 1.46 bn from Japan based JERA.pdf
Total size =438K