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Korean chipmaker plans to exit PSE; P2.22 tender offer made

By Inquirer - 3 months ago
The bourse may see its third exit this year as challenging market conditions dampened SFA Semicon Philippines Corp.’s hopes of improving its share price. Controlling stockholder SFA Semicon Co. Ltd. (SFA Korea) on Thursday said it planned to buy out the semiconductor manufacturer’s minority shareholders in a P454.35-million tender offer and voluntarily delist SFA from

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