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PAL Holdings Inc Private Placement Lifts Public Ownership To 10%-DJ


Thursday, 27 Jun 2013 01:28am EDT 

Dow Jones reported that PAL Holdings Inc privately placed 2.42 billion new shares raising PHP2.42 billion ($55.8 million), it said on June 27, 2013. PAL Holdings didn't identify the buyers. The shares were sold at par of PHP1. PAL Holdings placed the shares to meet a June 30 minimum 10% public-ownership requirement. PAL Holdings' public ownership is now about 10.4%. 

Company Quote

4.9
0.15 +3.16%
28 Dec 2012