THE Philippine Stock Exchange (PSE) will raise its majority ownership of the Philippine Dealing System Holdings Corporation (PDHSC) to over 57 percent after signing a share purchase agreement with Philam Life.
“The Company and Philam signed today a Share Purchase Agreement whereby the Company agreed to purchase and Philam agreed to sell 250,000 common shares of stock in PDSHC, equivalent to 4.00% of the total issued and outstanding stock of PDSHC,” the stock exchange said in an announcement on Tuesday.
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