The ex-husband of bilyonaryo Vicki Belo has unloaded a chunk of shares in SPC Power as the company’s shares raced to an all-time high.
SPC chairman Alfred “Atom” L. Henares sold a total of two million SPC shares, held under ALH Management Inc., from October 5 to 14 at a price range of P13.43 to P14.68.
SPC, controlled by Kepco Philippines Holdings, hit an all-time high of P14.88 on September 27 or a week before Henares started selling his shares.
Henares still holds P310.27 million worth of SPC shares at currentmarket prices.
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