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Stock Commentary: Liberty Flour Mills IPO of subsidiary approved by SEC philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
The Securities and Exchange Commission (SEC) has approved the planned P2.68 billion listing of LFM Properties Corporation on the stock exchange by way of introduction. In its meeting on June 28, the Commission En Banc rendered effective the registration statement of LFM Properties covering up to 10 ....
MANILA - The Securities and Exchange Commission (SEC) has considered favorably the listing of LFM Properties Corporation on the stock exchange by way of introduction. In its meeting on June 28, the commission en banc rendered effective the registration statement of LFM Properties covering up to 10.35 billion common shares, subject to the company's compliance with certain remaining requirements. LFM Properties' parent, Liberty Flour Mills, Inc. (LFM), plans to distribute 10.35 billion common shares of LFM Properties as property dividend to all of its stockholders as of Dec. 18, 2020. LFM stockholders will receive 69 shares of LFM Properties for every LFM share they hold. LFM Properties will then list by way of introduction 25 billion common shares on the Small, Medium and Emerging Board of the Philippine Stock Exchange (PSE). The initial listing price for the common shares will be 10.7 centavos each. Under Section 1(b) of PSE's Amended Rules on Listing by Way of Introduction ....
SEC clears LFM Properties' listing on the SME board - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Citicore Power Inc. has cemented at least three new contracts in power retailing, a policy regime in the power sector that empowers customers to choose its preferred power supplier.
Via its retail supply arm Citicore Energy Solutions Inc. (CESI), the Megawide-affiliated power company indicated t ....