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PSE lifts trading halt on Del Monte
Manila Bulletin
|September 23, 2025
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of Del Monte Pacific Ltd. (DMPL) after accepting the firm’s explanation that Ernst & Young’s audit disclaimer concerns only its discontinued US business, which will not impact its continuing operations in Asia.
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In a notice, the PSE said that, “In due consideration of the existing circumstances, the exchange grants DELM’s request to lift the continued trading suspension of its shares.”
The trading of DMPL shares resumed at 10:30 a.m. on Monday, Sept. 22, 2025.
In its clarification to the PSE, DMPL stressed that, “The audit disclaimer pertains only to the carrying values of assets and liabilities of, and the company’s investment in, and share in net losses of, its United States (US) subsidiary, Del Monte Foods Holdings Ltd. (DMFHL).
Dit verhaal komt uit de September 23, 2025-editie van Manila Bulletin.
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