BERJAYA Philippines Inc. is increasing its authorized capital stock (ACS) to 6 billion shares from 2 billion to accommodate the declaration of a 400 percent stock dividend, equivalent to 3.473 billion. Its capital stock has a par value of P1 per share.
As reported in a filing posted on the website of the Philippine Stock Exchange (PSE), the company’s board approved—one after the other - the capital increase and the declaration of dividend in the same board meeting held on Oct. 6.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.