GT Capital to Subscribe in Metrobank Stock Rights Offer

GT Capital Holdings Inc. (PSE: GTCAP) has disclosed that it intends to fully subscribe in Metropolitan Bank and Trust Co.’s (Metrobank, PSE: MBT) stock rights offer (SRO), as disclosed by Metrobank on 17 January 2018. GT Capital currently owns 36.09% of Metrobank, one of the country’s largest banks in terms of assets, deposit base, and […]
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Metrobank Board Approves SRO

Metropolitan Bank & Trust Company (Metrobank, PSE: MBT) received Board approval to conduct a Stock Rights Offer (SRO) by way of issuance of up to a maximum of 819,827,214 common shares, which is equivalent to the remaining unissued shares from the bank’s authorized capital stock. Timing and size of the transaction are subject to other […]
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