Cirtek Holdings Philippines Corp. (“Cirtek”), appoints BDO Unibank, Inc. (“BDO”) as the settlement bank for the issuance of Cirtek’s dollar-denominated Preferred B2 Subseries B Shares.
The appointment was approved by the board of directors of Cirtek in a meeting held on 16 December 2020. At present, only BDO is accredited by the Securities Clearing Corporation of the Philippines to act as settlement bank for dollar-denominated securities.
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Published by Business Mirror
Cirtek Holdings Philippines Corp. on Monday listed on the Philippine Stock Exchange (PSE) 249.44 million in common shares that carry a detachable warrant, which the company sold via a stock rights offering (SRO).
The said shares were sold at P5.50 per share, or a total of P1.37 billion.
Cirtek shares were last traded at P4.60 apiece.
In his welcome message, PSE president and CEO Ramon S. Monzon cited the competitive environment of the technology solutions space given the rapid advancement in this field and expressed optimism over Cirtek’s plans for its subsidiaries...
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