PSE suspends 3 companies | Inquirer Business

PSE suspends 3 companies

By: - Business Features Editor / @philbizwatcher
09:35 AM May 19, 2015

THE PHILIPPINE Stock Exchange suspended trading on three publicly listed companies starting Tuesday, citing their failure to comply with the structured reportorial requirements.

The three companies were Asia Amalgamated Holdings Corp. (AAA), IP E-Game Ventures Inc. (EG) and LMG Chemicals Corp. (LMG).

The PSE cited Section 17.8 of the revised disclosure rules which provided that failure by the issuer to comply with the requirements of the exchange would result in the automatic suspension of shares for a maximum period of three months.


All AAA, EG and LMG were penalized for their failure to submit their annual report, using Securities and Exchange Commission Form 17-A, for the year ended December 31, 2014.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: AAA, IP E-Games Ventures Inc, LMG, LMG Chemicals, PSE, trading suspension

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our business news

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.