State-run Land Bank of the Philippines (LandBank) will be lowering its offer price for Philippine Dealing System Holding Corp. (PDSHC), citing a decline in the fixed income exchange operator’s net asset value.
“Basically it will be lower than P360 because we have to factor in the dividends they have declared,” LandBank President and CEO Alex Buenaventura told reporters Wednesday evening.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.