Review: Fourth CTCFO Manila Conference
Aug 27, 2012
25 Filipino companies, San Miguel included, risk being delisted
As the minimum public offering (MPO) rule goes into effect on December 31, 25 companies may face tax penalties and eventual delisting from the Philippines Stock Exchange (PSE).
San Miguel Breweries, Alphaland, San Miguel Properties and 22 other listed Philippines companies have yet to comply with the PSE’s new rule that 10% of their companies' shares should be owned by the public.
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