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Century Properties offering OK'd by PSE

THE Philippine Stock Exchange Inc. (PSE) on Friday cleared Century Properties Group Inc.'s (CPG) follow-on public offering of up to 40 million Series B preferred shares at P100 apiece.

In a notice, the PSE said approval of the listing of the said shares was subject to CPG's compliance with the post-approval conditions and requirements of the bourse, the Securities and Exchange Commission (SEC), and other regulatory agencies.