Wednesday 23 January
Apr 24, 2018 @ 21:39

MVP clueless on sharp fall in MPIC share price

 

Metro Pacific Investments Corp., whose share price has fallen in the past week, said it is not aware of any reason for its recent share price decline.

“The company is not aware of any significant pending events which would warrant a sharp decline in its share price and we also reiterate once again that the company has no plans for raising new equity capital in the near future,” MPIC said in reponse to the Philippine Stock Exchange’s query.

MPIC said business had been strong across all its units in the first quarter

“The company would release its first quarter results next week and we note that volumes have been strong across its portfolio during said period,” MPIC said.

It closed 1.4 percent or six centavos lower at P4.42 Tuesday.

Please follow and like us:

Tags: , ,

Related Stories
The Philippine Stock Exchange has penalized PH Resorts Group Holdings for breaching the blackout rule,
Controversial businessman Joseph Calata has been barred for life from working as a director or
Chelsea Logistics Holdings Corp. has shelved its planned P5 billion private share offering at a
Trading at the Philippine Stock Exchange was delayed by almost an hour on December 3


 

Trending News

Recommended on sister sites

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.