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With last-minute equity deal, Metro Global avoids delisting

By Inquirer - 4 months ago
Metro Global Holdings Corp. has obtained a P55-million lifeline from an overseas investor, thus avoiding at the last minute its automatic removal from the local bourse for going below the minimum public ownership (MPO) requirement. The company led by businessman Robert Sobrepeña on Monday said its parent firm, Fil-Estate Management Inc. (Femi), had transferred 55

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