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<p><span>1 Minister for Finance, Minister Lawrence Wong, on behalf of Senior Minister and Minister-in-charge of the Monetary Authority of Singapore (“MAS”), Mr Tharman Shanmugaratnam, today moved the Exchanges (Demutualisation and Merger) (Amendment) Bill (“Bill”) for First Reading in Parliament.</span></p> <div><span><br /></span></div>
December 18, 2020 | 12:01 am Font Size BLOOMBERG/VEEJAY VILLAFRANCA THE Philippine Stock Exchange (PSE) has extended the timeline for the use of the proceeds for its stock rights offer (SRO) to Dec. 31, 2023, the local bourse said on Thursday. In a regulatory filing, the PSE said that it had so far disbursed 1,101.14 shares from its planned amount of 2,825.88. It detailed that its net proceeds were meant to be used for acquisition of the Philippine Dealing System (PDS), product development and working capital requirements at 1,580 shares, 360 shares and 885.88 shares, respectively. т...