SEC clears PNB Holdings listing on PSE

MANILA, Philippines – The Securities and Exchange Commission (SEC) has cleared the listing of PNB Holdings Corp. (PHC) on the Philippine Stock Exchange (PSE), allowing the Philippine National Bank (PNB)-linked firm to join the local bourse. In a statement on Monday, the SEC said its Commission En Banc on March 12 rendered effective the registration statement of PHC, covering up to 46.93 billion common shares, subject to compliance with remaining requirements.  READ: PNB Holdings eyes stock market listing The shares will have an initial listing price of P1.20 each, translating to a total listing value of about P56.32 billion.  PHC’s […]... Keep on reading: SEC clears PNB Holdings listing on PSE