News & Features

January 17, 2017

As published in The Manila Times on January 17, 2017

MENLO Renewable Energy Corporation (MREN), a unit of property developer MRC Allied Inc., is raising its authorized capital stock by five-fold as it aims to be a major player in the energy sector.

In a disclosure to the Philippine Stock Exchange on Wednesday, MRC said its board of directors approved the re...

January 4, 2017

As published in The Manila Times on January 4, 2017

Listed property developer MRC Allied Inc. has named a new president in line with the company’s thrust to diversify its business into the energy sector, the company announced on Tuesday.

In a disclosure to the Philippine Stock Exchange, MRC said it has elected Gladys Nalda as its new president and as well a...

July 3, 2016

As published in The Manila Times on July 3, 2016

MRC Allied Inc. (MRC) is pursuing a $90-million solar farm in Cebu to beef up its presence in the renewable energy sector.

MRC President and Chairman, Benjamin Bitanga, said the 60-megawatt (MW) solar power harvesting facility will be put up in the company’s industrial estate in Naga City, Cebu and will be fi...

April 7, 2015

As published in The Manila Times on April 7, 2015

Property developer MRC Allied Inc. said it is “in talks” with several potential investors that would infuse capital and expertise to its plans to engage in solar power generation.

MRC, in a disclosure to the stock exchange, said it would form a subsidiary to handle the project, which was part of company effo...

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