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CS Capital seals CSBank stake
Manila Bulletin
|September 27, 2025
Hong Konglisted CSC Holdings Ltd., through CS Capital Investment Pte. Ltd., has completed its acquisition of a 26.3 percent stake in the Cabagangon group's Citystate Savings Bank, Inc.
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In a disclosure to the Philippine Stock Exchange, CSBank announced that it was informed of the completion of the sale of 43.36 million shares to CS Capital for ₱736.68 million (₱16.9888 per share).
This is accompanied by the signing of Deeds of Absolute Sale, following the approval by the Monetary Board of the Bangko Sentral ng Pilipinas of the Transaction.
Dit verhaal komt uit de September 27, 2025-editie van Manila Bulletin.
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