CIRTEK Holdings Philippines Corp. said on Friday it had set the dividend rate for its planned dollar-denominated preferred B-2 shares at 6.125 percent after securing the approval of the Philippine Stock Exchange and Securities and Exchange Commission.
Cirtek earlier announced plans to issue dollar-denominated stocks with a base size of $120 million and an overallotment option of up to $80 million to fund further expansion, debt retirement, and complement its recent purchase of Quintel, a leading antenna solutions provider in the United States.
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
.