MANILA (AFX-ASIA) – Manila Eletric Co said it will ask the Securities and Exchange Commission to approve its plan to remove the 10% cap on ownership of shares in the company. Meralco said in an announcement the plan was approved by its board of directors and will be brought before shareholders at the May 27…
PHILIPPINES: Meralco seeks SEC approval to remove 10% cap on stock ownership
Posted on March 7, 2003 by EnergyAsia