Business - Stock Commentary | Philstar.com

This is a great question that I get every single day in some form or another.

The NexGen Energy board of directors approved a plan to convert 100 million unissued common shares to 100 million unissued preferred shares.

Short answer: no.

Synergy Grid, the holding company for National Grid Corp. of the Philippines responded to the Bilyonaryo article I covered yesterday to say that SGP “has no information or knowledge on [the matter]”, and that NGCP “has not received any formal correspondence from the Maharlika Wealth Fund regarding any investment into NGCP.”

Bright Kindle said that its wholly-owned subsidiary, Brightstar Holdings and Development Inc. (BHDI), signed a Deed of Exchange to acquire 100% of the outstanding shares of Strong Built (Mining) Development Corp., using P5 billion worth of newly issued shares of BHDI.