Italpinas hikes capital stock | BusinessWorld
Font Size https://italpinas.com/ Real estate developer Italpinas Development Corp. (IDC) on Friday said it increased capital stock to P700 million from P378 million to fund potential business opportunities. “The proposed amendment to increase the authorized capital stock will provide IDC more flexibility for any potential business opportunities in the future that would need sufficient authorized and unissued shares that can be issued promptly,” the company said in a disclosure. Stockholders approved the proposal on a Jan. 22 meeting. The firm also approved the declaration of sto...
Source: bworldonline.com