Acesite’s 3-year ‘short-term’ advances to insiders

By The Manila Times

Sep 17, 2015 8:22 pm

Emeterio Sd. Perez

Acesite (Philippines) Hotel Corp. is deemed public, based on the fact its 346.1 million common shares, including treasury shares, are listed on the Philippine Stock Exchange. Records found on the website show the company was incorporated on Oct. 1, 1952 and became a listed company on Dec. 5, 1986.

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