The Philippine Stock Exchange is revising its P2.25 billion offer price for the stakes in the Philippine Dealing Systems Holdings Corp (PDS Group) held by the Singaporean Exchange Ltd. (SGX) and the Bankers Assocation of the Philippines (BAP) and will present its new bid in the “next few weeks.”
The SGX owns 20 percent while the BAP holds 28.9 percent of the PDS Group.
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