Danessa Rivera (The Philippine Star) – January 14, 2021 – 12:00am MANILA, Philippines — Real estate firm Map 2000 Development Corp. (M2DC) is expanding into the energy sector by acquiring 67.83 percent of Basic Energy Corp. (BEC) for P2.8 billion. In a disclosure to the Philippine Stock Exchange yesterday, BEC said M2DC will acquire 9.83 billion shares to be issued out of the increase in the authorized capital stock at a subscription price of P0.285 apiece, totaling P2.8 billion. This follows th