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Asiabest trading suspension OKd
Manila Bulletin
|October 15, 2025
The Philippine Stock Exchange (PSE) has approved the voluntary trading suspension sought by Asiabest Group International Inc. (ABG) in response to shareholder calls for transparency and to avoid speculation while awaiting the final appraisals of assets to be infused into the company.
“The exchange grants a non-extendible period of 10 trading days (Oct. 14 to 28) in accordance with existing rules, policies, and guidelines,” said the PSE.
It added that “the suspension will be lifted upon the earlier of the lapse of the requested 10-trading-day period or the completion of relevant valuation and submission of a supplemental comprehensive corporate disclosure.”
ABG, now controlled by Premium Lands Corp. of Francis Lloyd Chua, plans to fold Chua's housing and infrastructure-related investments into the publicly listed company.
Dit verhaal komt uit de October 15, 2025-editie van Manila Bulletin.
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