DMCI Holdings gets go-ahead for P10-B fundraise

Stockholders of Consunji-led DMCI Holdings Inc. have given their go signal for the engineering and construction conglomerate to raise P10 billion in preparation for its takeover of Cemex Holdings Philippines Inc. (CHP). DMCI on Tuesday held a special stockholders meeting to get approval for its plan to issue 10 million preferred shares to affiliate Dacon
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