Synergy Grid & Development Phils., Inc. Declares Cash Dividends for the Fourth Quarter of 2021, Payable on January 10, 2022
November 22, 2021 at 05:42 am IST
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The Board of Directors of Synergy Grid & Development Phils., Inc. (Company) approved on November 19, 2021 the declaration of cash dividends for the fourth quarter of 2021 from the Company's unrestricted retained earning with record date on December 14, 2021 and payment date on January 10, 2022. Amount of cash dividend per share: PHP 0.20.
Synergy Grid & Development Phils., Inc. is a Philippines-based holding company. The Company is engaged in general construction and other allied businesses. The Company operates through transmission business segment. The Company operates through its transmission services across Luzon, Visayas, and Mindanao. The Company's subsidiaries include OneTaipan Holdings, Inc. (OTHI), Pacifica21 Holdings, Inc. (P21), Monte Oro Grid Resources Corporation (MOGRC), Calaca High Power Corporation (CHPC), and National Grid Corporation of the Philippines (NGCP). The CHPC engages in the general business of operating, managing, maintaining, and rehabilitating energy systems and services from gas, steam, and electricity including related services and business activities. The NGCP operates and maintains a nationwide transmission grid throughout the Philippines to provide open and non-discriminatory access to the transmission system to all authorized electricity distributors and electricity users.