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.

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