The Securities and Exchange Commission approved the incorporation of a new subsidiary under ABCEI in March. This subsidiary has been established to focus on acquiring, developing, constructing, investing in, owning, and operating power generation facilities, including solar power plants.
ABCEI, a holding and property development company based in Cagayan de Oro City, has a diverse range of interests that extend beyond its energy sector activities. The company also has a presence in agribusiness and mining.
On Monday, shares of ABCEI remained unchanged at P0.65 each, indicating a stable market presence for the company.
