47 listed firms must sell more shares
By: Doris C. DumlaoPhilippine Daily Inquirer
Forty-seven companies are racing against time to meet the 10-percent minimum public ownership required by the Philippine Stock Exchange to remain publicly listed and enjoy preferential tax on stock trades as the November 30 deadline draws near, based on a list obtained by the Inquirer.
Companies that fail to comply with the requirement will have 36 months more before facing trading suspension and eventual delisting from the Read more [...]