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SEC Chairperson Emilio B. Aquino (Photo credit: https://www.sec.gov.ph/commissioners/) “The newly issued rules empower minority shareholders to better protect and advance their interests, as well as help listed firms have a wider perspective and be more inclusive in their decision-making process,” SEC Chairperson Emilio B. Aquino said. He added that, “The greater protection afforded to minority shareholders should encourage increased participation in the stock market and, in turn, further deepen ourcapital market to support business expansions, jobs creation and overall economic growth.” Under the memorandum circular, any number of shareholders holding at least 10 percent of the outstanding capital stock of a PLC shall have the right to call for a special stockholders’ meeting.

The philippinesEmiliob aquinoExchange commissionCorporation code of the philippinesRepublic actRevised corporation codeதி பிலிப்பைன்ஸ்பரிமாற்றம் தரகுநிறுவனம் குறியீடு ஆஃப் தி பிலிப்பைன்ஸ்குடியரசு நாடகம்