MEGAWIDE Construction Corp. announced on Monday that its board of directors recently approved an increase in the company’s authorized capital stock to P5.12 billion from P5.08 billion currently. The authorized capital stock of preferred shares will increase to 186 million from 150 million, the company told the stock exchange. “The increase in authorized capital stock […]
Tag: authorized
SEC okays developer’s bid to hike capital to P10B
PROPERTY developer Cebu Landmasters Inc. (CLI) said the Securities and Exchange Commission (SEC) has approved its move to increase its authorized capital stock to P10.1 billion from the current P2.5 billion to support its expansion plans. In a disclosure Monday, May 24, 2021, the company said it received SEC’s approval on May 21. As approved […]