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[ArticleID] => 176953
[Title] => Jardine gets SEC nod for capital restructuring
[Summary] => Jardine Davies Inc.(JDI), a publicly-listed industrial conglomerate,has secured the approval of the Securities and Exchange Commission (SEC) for a capital restructuring that will involve the payment of over P700 million in dividends to its stockholders.
JDI said the SEC has fixed the record date for the entitlement of 175.5 million stock dividend shares on Oct. 4, 2002, to be paid on Oct. 10 at a price of P4 each.
JDI was the top gainer during last Fridays trading at the Philippine Stock Exchange, closing P5 or 25 percent higher at P25 per share.
[DatePublished] => 2002-09-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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P702
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[results] => Array
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[0] => Array
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[ArticleID] => 176953
[Title] => Jardine gets SEC nod for capital restructuring
[Summary] => Jardine Davies Inc.(JDI), a publicly-listed industrial conglomerate,has secured the approval of the Securities and Exchange Commission (SEC) for a capital restructuring that will involve the payment of over P700 million in dividends to its stockholders.
JDI said the SEC has fixed the record date for the entitlement of 175.5 million stock dividend shares on Oct. 4, 2002, to be paid on Oct. 10 at a price of P4 each.
JDI was the top gainer during last Fridays trading at the Philippine Stock Exchange, closing P5 or 25 percent higher at P25 per share.
[DatePublished] => 2002-09-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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By Christina Mendez | September 22, 2002 - 12:00am
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