Stock exchange penalizes Meralco

The Philippine Stock Exchange (PSE) said it had penalized the power retailer Manila Electric Co. (Meralco) for failure to promptly disclose its cancellation of shares held by government-owned Land Bank of the Philippines and the resulting legal dispute.

The PSE did not specify the penalty amount.

Read more..

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>