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PSE signs agreement to buy more PDS shares
The Philippine Star
|December 31, 2024
Another shareholder of the Philippine Dealing System Holdings Corp. (PDS) has agreed to sell its stake in the company to the Philippine Stock Exchange Inc. (PSE).
The PSE said that it has entered into a share purchase agreement with the Financial Executives Institute of the Philippines Research and Development (FINEX) Foundation on top of the agreements signed with various shareholders owning 61.92-percent stake in PDS last week.
FINEX Foundation agreed to sell its 96,388 common shares of stock in PDS equivalent to 1.54 percent of the total issued and outstanding stock of the holding company that owns the Philippine Dealing & Exchange Corp. (PDEx).
This story is from the December 31, 2024 edition of The Philippine Star.
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