First GenThe board of directors of First Gen Corporation on November 24, 2017 approved the declaration of cash dividend payment of P0.02 per share on all outstanding Series B preferred shares; P0.01 per share on Series E preferred shares; and P4.00 per share on Series F preferred shares.
The company also approved the declaration of cash dividends on 113,105,520 outstanding Series G preferred shares at P3.8904 per share and on 13,750,000 Series G preferred shares issued to First Philippine Holdings Corporation by way of private placement at P0.38904 per share.
The cash dividends have a record date of January 2, 2018 and a payment date of January 25, 2018.
The board also approved the appointments of Ronaldo Tablante, Carlos Lorenzo Vega, Ma. Theresa Villanueva and Grace Stephanie Marcelo as vice presidents of First Gen.