The Philippine Stock Exchange, Inc. (PSE:PSE) signed a share purchase agreement to acquire additional 20% stake in Philippine Dealing System Holdings Corp. from Singapore Exchange Limited (SGX:S68) for PHP 750 million on December 26, 2024. As part of the acquisition, The Philippine Stock Exchange, Inc will acquire 1.25 million common shares at a price of PHP 600 per share. On completion of the agreements, The Philippine Stock Exchange is set to add 61.92% to its existing 20.98% stake in the Philippine Dealing System Holdings Corporation (PDS). The Combined value of the transaction is PHP 2.32 billion. The transaction is subject to approval of Securities and Exchange Commission. Janet A. Paraiso of SyCip, Gorres, Velayo & Co. acted as accountant to Philippine Dealing System Holdings Corp.
The Philippine Stock Exchange, Inc. (PSE:PSE) completed the acquisition of additional 20% stake in Philippine Dealing System Holdings Corp. from Singapore Exchange Limited (SGX:S68) on May 16, 2025.
The Philippine Stock Exchange, Inc. completed the acquisition of additional 20% stake in Philippine Dealing System Holdings Corp. from Singapore Exchange Limited.
Published on 05/16/2025 at 07:20
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