Voluntary delisting rules tightened

THE PHILIPPINE STOCK EXCHANGE, INC. has released new rules on voluntary delisting of companies. — BW FILE PHOTO THE Philippine Stock Exchange, Inc. (PSE) has tightened rules on voluntary delisting after complaints from minority shareholders who were dissatisfied with the tender offer price given by companies that have delisted from […]

Megawide appeals status revocation by MIAA

By Arjay L. Balinbin, Senior Reporter MEGAWIDE Construction Corp. and its foreign partner GMR Infrastructure Ltd. asked the Manila International Airport Authority (MIAA) board to reconsider its decision to revoke its original proponent status for the P109-billion rehabilitation of the country’s main gateway. “Yes, this morning (we submitted the letter) […]