SEC clears LFM Properties listing by way of introduction
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. LF...
Source: philippinetimes.com