The Philippine Stock Exchange (PSE) has approved the voluntary trading suspension sought by Asiabest Group International Inc. (ABG) in response to shareholder calls for transparency and to avoid speculation while awaiting the final appraisals of assets to be infused into the company.
βThe Exchange grants a non-extendible period of 10 trading days (Oct. 14 to 28) in accordance with existing rules, policies, and guidelines,β said the PSE.
It added that βthe suspension will be lifted upon the
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