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SEC Chairman Lilia Bautista said a new company (NewCo) will be set up to integrate the assets of two donated properties, the Tektite and Ayala floors, subject to the consent of the donors.


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                    [Title] => SEC okays spinoff of PSE’s property assets
                    [Summary] => The Securities and Exchange Commission (SEC) has allowed the spin-off of the Philippine Stock Exchange’s property assets into a wholly-owned company that would be detached from the planned listing of the Exchange after its demutualization.


SEC Chairman Lilia Bautista said a new company (NewCo) will be set up to integrate the assets of two donated properties, the Tektite and Ayala floors, subject to the consent of the donors.


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CUERBO APPRAISERS INC

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SEC Chairman Lilia Bautista said a new company (NewCo) will be set up to integrate the assets of two donated properties, the Tektite and Ayala floors, subject to the consent of the donors.


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                    [Title] => SEC okays spinoff of PSE’s property assets
                    [Summary] => The Securities and Exchange Commission (SEC) has allowed the spin-off of the Philippine Stock Exchange’s property assets into a wholly-owned company that would be detached from the planned listing of the Exchange after its demutualization.


SEC Chairman Lilia Bautista said a new company (NewCo) will be set up to integrate the assets of two donated properties, the Tektite and Ayala floors, subject to the consent of the donors.


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abtest

SEC okays spinoff of PSE’s property assets

By Christina Mendez | June 5, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has allowed the spin-off of the Philippine Stock Exchange’s property assets into a wholly-owned company that would...

Business

SEC okays spinoff of PSE’s property assets

By Christina Mendez | June 5, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has allowed the spin-off of the Philippine Stock Exchange’s property assets into a wholly-owned company that would be detached from the planned listing of the Exchange...

Business