CIRTEK Holdings Philippines Corp. announced on Wednesday that its Board of Directors had approved a plan to create 270 million Preferred B shares as part of its strategy to raise capital.
“The Board of Directors of the corporation approved the creation of 270-million Preferred B Shares with a par value of P1.00 per share for a possible capital raising exercise that will be conducted by the company,” Cirtek said in a disclosure to the Philippine Stock Exchange.
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