SPC Power Corp. (SPC), formerly Salcon Power Corp., said it will appeal the decision of the Supreme Court (SC) nullifying the sale of a power plant in Cebu to the company through a bidding conducted by the state-run Power Sector Assets and Liabilities Management Corp. (Psalm).
In a disclosure to the Philippine Stock Exchange (PSE), SPC Power said it intends to file a motion for reconsideration on the SC ruling.
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