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Friday, March 29, 2024

PSE suspends trading of Philab, Unioil shares

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The Philippine Stock Exchange on Friday suspended the trading of Philab Holdings Inc. and Unioil Resources & Holdings Co. Inc. for non-submission of reportorial requirements.

The PSE in a notice posted on its website said both Unioil and Philab failed to submit their annual report for the period ending December 2017.

The PSE said failure to comply with the requirements of the exchange would result in the automatic suspension of the trading of the shares for a maximum period of three months.

Meanwhile, the PSE did not impose a planned trading suspension on AgriNurture Inc., Leisure & Resorts World Corp. and TKC Metal Corp. after the three filed their annual reports. 

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