The Philippine Stock Exchange, operator of the local bourse, has approved Eagle Cement Corp.’s plan to voluntarily delist its shares from the Philippine Stock Exchange on Feb. 28.
Eagle Cement Corp., the listed cement company owned by the Ang family, is targeting to delist its shares from the Philippine Stock Exchange on Feb. 28, 2023.
San Miguel Corp., the country’s diversified conglomerate, now owns 99.9 percent of Eagle Cement Corp. after completing its tender offer to shareholders of the listed cement firm owned by the Ang family.
Eagle Cement Corp., the listed cement company of the Ang family, has obtained the green light from its shareholders to delist from the Philippine Stock Exchange.