Complex sentence: In January 2016, President Benigno Aquino III, thru the Governance Commission for Government-owned and-controlled corporation (GCG) appoved the planned privatization of IBC, said the privatization will be undergo public bidding with an estimated floor price of P1.977 billion.
Split into simpler sentences: In January 2016, President Benigno Aquino III, thru the Governance Commission for Government-owned and-controlled corporation (GCG) appoved the planned privatization of IBC. The privatization will be undergo public bidding with an estimated floor price of P1.977 billion.