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                    [Title] => Metrobank to raise P9B from sale of new shares
                    [Summary] => Metropolitan Bank & Trust Co., the country’s largest lender in terms of assets, has approved the issuance of as much as 203.6 million new shares to raise nearly P9 billion. 


In a disclosure to the Philippine Stock Exchange, Metrobank said the shares, comprising eight percent of its outstanding authorized capital stock, will be sold at an offer price of plus or minus 10 percent of the stock’s 10-day weighted average price, although the price date has yet to be determined.  


                    [DatePublished] => 2006-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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GEORGE S K TY

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                    [ArticleID] => 336181
                    [Title] => Metrobank to raise P9B from sale of new shares
                    [Summary] => Metropolitan Bank & Trust Co., the country’s largest lender in terms of assets, has approved the issuance of as much as 203.6 million new shares to raise nearly P9 billion. 


In a disclosure to the Philippine Stock Exchange, Metrobank said the shares, comprising eight percent of its outstanding authorized capital stock, will be sold at an offer price of plus or minus 10 percent of the stock’s 10-day weighted average price, although the price date has yet to be determined.  


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Metrobank to raise P9B from sale of new shares

By Zinnia B. Dela Peña | May 12, 2006 - 12:00am

Metropolitan Bank & Trust Co., the country’s largest lender in terms of assets, has approved the issuance of as much as 203.6 million new shares to raise nearly P9 billion. In a disclosure to the Philippine...

Business