Thursday, June 2, 2011

Metro Pacific to raise capital stock to P30B

CMA/VS, GMA News

Metro Pacific Investments Corp. (MPIC), the local unit of Hong Kong-based First Pacific Co. Ltd., has received the nod from the Securities and Exchange Commission to raise its authorized capital stock.

In a disclosure to the Philippine Stock Exchange on Thursday, MPIC said its authorized capital stock will be raised to P30.05 billion from P24.24 billion.

Read here

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