SEC OKs PT&T s 230% capital hike | Inquirer Business inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
PT&T Corp. said on Wednesday it has “set the course for expansion” as it increased its capital stock to P12.6 billion from P3.8 billion. According to PT&T President and CEO James Velasquez, the capital stock hike is a “strategic move aimed at charting a path of growth.” The Securities and…
PT&T gets SEC nod to hike capital stock tribune.net.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.net.ph Daily Mail and Mail on Sunday newspapers.
The enhanced capital stock structure comprises 1.5 billion common shares with a par value of P1 and 230 million serial cumulative convertible redeemable preferred shares at P10 apiece.