State-run Landbank has received board approval to acquire a majority stake in PDS Holdings, its president and CEO said, while the planned investment of Shenzhen Stock Exchange into the Philippine Stock Exchange is facing hurdles.
Landbank board okays plan to acquire majority stake in PDS Holdings
Land Bank of the Philippines (Landbank) has received approval from its board to go ahead with the plan to acquire at least 66.67 per cent stake in Philippine Dealings System Holdings Corp (PDS Holdings), according to an Inquirer report on Tuesday.
