PSE
Buying stocks on the Philippine Stock Exchange usually means paying another investor in a secondary trade, not the company directly. Companies receive public money only during initial public offerings or follow-on offerings. Trades influence share prices but do not directly fund corporate accounts.
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The board of SP New Energy Corporation approved a rebranding to MGEN Renewable Energy Holdings Inc. on January 21, 2026, as Batangas Representative Leandro Leviste resigned from the board to distance the company from controversies. This change forms part of transactions where Leviste sold over P20 billion worth of shares.