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Alphaland to appeal delisting from PSE

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ALPHALAND Tower on Ayala Avenue. FILE PHOTO

The decision of the Philippine Stock Exchange to initiate a delisting process against Alphaland Corp. is “grossly unfair,” according to the legal counsel of businessman Roberto V. Ongpin who leads the property developer.

Posted: March 13th, 2014 in Latest Business Stories | Read More »

SMDC, Highlands Prime to be delisted from PSE by Nov.5

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Philippine Stock Exchange AFP FILE PHOTO

The Philippine Stock Exchange has approved the delisting of SM Development Corp. and Highlands Prime Inc. in line with the consolidation of SM property units into a single listed entity under SM Prime Holdings Inc.

Posted: October 18th, 2013 in Latest Business Stories | Read More »

SMDC, Highlands Prime file for delisting

Property developers SM Development Corp. and Highlands Prime Inc. have filed a petition for delisting from the Philippine Stock Exchange in line with the consolidation of SM property units into a single publicly listed entity under SM Prime Holdings Inc.

Posted: September 6th, 2013 in Headlines,Uncategorized | Read More »

PSE orders delisting of PNOC-EC

The Philippine Stock Exchange has concluded a three-year campaign to weed out companies with scant public float with only one casualty, PNOC Exploration Corp.

Posted: June 30th, 2013 in Headlines | Read More »

PNOC-EC to delist from PSE

PNOC Exploration Corp., the upstream oil and coal arm of state-run Philippine National Oil Co., is looking to voluntarily delist from the Philippine Stock Exchange following its failure to conduct a follow-on offering.

Posted: May 30th, 2013 in Editor's Pick,Headlines | Read More »

Avoiding the relisting prohibition

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In a recent column, I discussed the tax and non-tax consequences arising from delisting publicly listed companies for non-compliance with the 10 percent minimum public ownership (MPO) rules of the Philippine Stock Exchange (PSE).

Posted: March 14th, 2013 in Blog,Columnists,Inquirer Columns | Read More »

SMC brewery unit to delist on May 15

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Beer-maker San Miguel Brewery has requested to be stricken off the roster of the Philippine Stock Exchange effective May 15 this year.

Posted: February 22nd, 2013 in Headlines | Read More »

San Miguel Brewery wants shares delisted by May 15

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san-miguel

San Miguel Brewery has requested to be stricken off the roster of the Philippine Stock Exchange, effective May 15.

Posted: February 22nd, 2013 in Latest Business Stories | Read More »

SMB to be delisted; tender offer at P20/share

San Miguel Corp. has firmed up plans to delist crown jewel San Miguel Brewery Inc. from the local stock market and buy back shares at P20 each.

Posted: February 18th, 2013 in Headlines | Read More »

San Miguel Brewery delisting from PSE, sets tender offer at P20 each

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san-miguel

Diversifying conglomerate San Miguel is delisting flagship San Miguel Brewery Inc. from the local stock market and buying back minority shares at P20 per share.

Posted: February 18th, 2013 in Latest Business Stories | Read More »

SMC property unit goes back into private hands

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san-miguel

San Miguel Corp. is taking its property unit San Miguel Properties Inc. (SMPI) back into private hands.

Posted: February 7th, 2013 in Latest Business Stories | Read More »

Firms rush to meet rule on public float

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MORE listed firms have moved to comply with the Philippine Stock Exchange (PSE) requirement that 10 percent of shares be in the hands of small investors to avoid being delisted from the local bourse.

Posted: December 21st, 2012 in Headlines | Read More »

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