PT&T Sees Resumption of Stock Trades This Year

Listed connectivity provider PT&T Corp. is looking to resume its trading on the Philippine Stock Exchange (PSE) this year with the fulfillment of all the requirements under its rehabilitation plan.

- — Richmond Mercurio

PT&T has sought regulatory approval to lift its suspension and resume trading at the PSE.

PT&T president and CEO James Velasquez said the company is on track to return to the bourse this year, ending a two-decade suspension.

"The plan is to be able to do that within the year. So hopefully, within the first half is our objective," he said.

Velasquez said that securing necessary approvals is in process.

"So there are still a few things that we need to complete, but I would say that 90 percent of what we need to do has been completed. So we're at the tail end," he said.