THE Philippine Stock Exchange (PSE) on Friday said that it had signed a share purchase agreement with a Bankers Association of the Philippines (BAP) member bank for the latter's stake in Philippine Dealing System Holdings Corp. (PDSHC), which owns the operator of the country's fixed-income bourse.
The March 20 deal for 12,500 shares, equivalent to a 0.2-percent interest in PDSHC, is part of a PSE-BAP agreement in January for the acquisition of 1.63 million shares or an 18.62-percent stake.
