THE Philippine Stock Exchange’s (PSE) efforts to acquire more shares in bond exchange operator Philippine Dealing Systems Holdings Corp. (PDS) could go to waste if its bid to own more than 20 percent of PDS is not approved by the Securities and Exchange Commission (SEC), a top PSE official said.
The PSE is still awaiting approval from the SEC before the transactions it had entered into previously with PDS stakeholders expire today, November 27.
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