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In November 2005, Trident announced that its founding chairman and CEO, who owned 10% or more of the company's shares, [21] had established a pre-arranged trading plan to sell up to 1,250,000 pre-split shares of common stock. [22] In November 2006, Trident announced the resignation of its founder and CEO following an investigation by a special ...
In August 1993, Piltel launched it paging business called Beeper 150. In July 1995, Piltel had its shares listed in the Philippine Stock Exchange. By 1996, Piltel dominated the market with 42% market share. However, in that same year, cellular fraud or cloning became rampant in the Philippines.
The Philippine Stock Exchange, Inc. (Filipino: Pamilihang Sapi ng Pilipinas; PSE: PSE) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927.
Desludging trucks of Manila Water in 2012. Manila Water Company, a publicly listed company and a subsidiary of Ayala Corporation, holds the exclusive right to provide water and used water services to over six million people in the Manila Water Concession, particularly the East Zone of Metro Manila and Rizal Province consisting of 23 cities and municipalities.
The Philippine Dealing & Exchange Corp. (PDEx) is a dealing exchange for major banks in the Philippines. The primary exchange of the country for all sectors is the Philippine Stock Exchange . PDEx is licensed by the Securities and Exchange Commission (SEC) as an Exchange under the provisions of the Securities Regulation Code (SRC).
RFM Corporation (PSE: RFM) is a publicly listed food and beverage company in the Philippines. RFM is a manufacturer of flour and flour-based products, milk, juice drinks, and ice cream. As of June 2013, RFM had an asset base of P12 billion and a total market capitalization of P17.1 billion. [1]
[2] [3] However, this index is known to be one of the best performing indices on the PSE in recent years with the recent revival of the Philippine mining industry. The index is composed of the former PSE Mining Index and the PSE Oil Index. Both indices were merged in a reclassification of the PSE's indices on January 1, 2006. [citation needed]
The SEC was established on October 26, 1936, by virtue of Commonwealth Act No. 83, or the Securities Act, in order to safeguard public interest in view of the local stock market boom at the time. It was created just two years after the United States Congress created the United States Securities and Exchange Commission .