NOW ups capital, plans rights offer (26 Jan 2015)

Important news and updates last week about top Philippines companies are highlighted in this section. These developments can affect their respective stock prices so better read them to be in the know!

 

Stock Code Company
NOW Now Corporation

 

Shareholders of Now Corp. (NOW) ratified the increase in their authorized capital from PHP 1.32 billion to PHP 2.1 billion, & conversion of advances made by Velarde, Inc. worth 200 million.

NOW shareholders also approved a rights offer for the subscribed by Velarde, Inc.

 

F. Yap Securities / 2TradeAsia
F. Yap Securities / 2TradeAsia

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