PSE tightens public float rules

FILE PHOTO: Philippine Stock Exchange logo. INQUIRER FILES

MANILA, Philippines — The Philippine Stock Exchange (PSE) has strengthened its minimum public ownership (MPO) rules, imposing immediate trading suspensions and potential delisting for corporations that do not meet the required public float.

In a memorandum, the exchange announced that the SEC has approved the amended MPO rule and revised public ownership guidelines, effective immediately.

READ: PSE refines proposed public float rules

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PSE tightens public float rules

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