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We are now also drafting another supplemental letter to the Board of Directors of DBP informing the bank that the Suarez Family is also the owner of Suarez Agro-Industrial Development Corporation. Suarez Agro-Industrial Development Corporation entered into a Contract of Lease with DBP over an acquired asset (ice plant) located in Brgy. Biyan, Calauag, Quezon.  [...]

Instances of Provisions Manifestly Disadvantageous to Quezon Electric Cooperative I under the Renewable Energy Supply Agreement. Going now to the Renewable Energy Supply Agreement, it would appear that the said agreement is unconscionably tilted in favor of the Seller, Coco Resources Corporation.  The Seller is still to submit a proposal “to undertake the development, engineering, [...]