Payment mulled for shareholders of delisting firms 

THE Philippine Stock Exchange, Inc. (PSE) is considering an amendment to market rules that will require companies that breached their public float to pay shareholders who have already tendered their shares before a tender offer extension. “One of our proposed amendments, which was already approved by the board for public comments, is if a company […]

Payment mulled for shareholders of delisting firms 
THE Philippine Stock Exchange, Inc. (PSE) is considering an amendment to market rules that will require companies that breached their public float to pay shareholders who have already tendered their shares before a tender offer extension. “One of our proposed amendments, which was already approved by the board for public comments, is if a company […]