Twenty five companies are still unable to meet the minimum public ownership requirement of the Philippine Stock Exchange.
Latest submissions of listed firms published by the PSE on its Web site showed these companies had public float of less than 10 percent as of end-June 2012.
These companies included San Miguel Corp.’s subsidiaries San Miguel Pure Foods Co. Inc., San Miguel Properties Inc. and San Miguel Brewery Inc. as well as Eton Properties Philippines Inc., PAL Holdings Inc., Philippine National Bank and Allied Bank of taipan Lucio Tan-owned
Companies associated with investment banker Roberto Ongpin, namely Atok Big Wedge Co. Inc. and Alphaland Corp., also had public ownership of less than 10 percent.
Other companies in the list include First Metro Investments Corp., Maybank ATR Kim Eng Financial Corp., SPC Power Corp., Vivant Corp., Alaska Milk Corp., Cosmos Bottling Corp., Lafarge Republic Cement, Mariwasa Siam Holdings, and Manchester International Holdings Unlimited.
Also included are Integrated Microelectronics Inc., Filinvest Development Corp., Synergy Grid & Development Philippines Inc., Sta. Lucia Land Inc., 2GO Group Inc., JTH Davies Holdings Inc., Global Port 900 Inc. and PNOC-Exploration Corp.
The PSE is giving listed companies until the end of 2012 to comply with the 10-percent minimum public ownership rule.
It said companies failing to comply by the end of the year will face trading suspension for a period of not more than six months. After the six-month period, the continued non-compliance will result in delisting. –Jenniffer B. Austria, Manila Standard Today
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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