| Home » Articles » Business |
|
This is in connection with the amendment of Article Sixth (a) of the Bank’s Articles of Incorporation, to effect a ten-for-one stock split of the common shares, which wil result to an increase in the number of authorized shares from 200,000,000 to 2,000,000,000 shares and a reduction in par value of the shares from P100.00 to P10.00 per share, without affecting the authorized capital stock of the Bank of P20.00 Bilion.
ChinaBank is pleased to inform that the company have received late Friday afternoon, Bangko Sentral ng Pilipinas’ Certificate of Authority dated 26 June 2012, certifying that the amendment is in accordance with law, and enabling the Bank to register the Amended Articles of Incorporation with the Securities and Exchange Commission. ChinaBank shall file and register the amendment with the Commission and inform the public of its action accordingly. - https://www.affordablecebu.com/
Please support us in writing articles like this by sharing this postShare this post to your Facebook, Twitter, Blog, or any social media site. In this way, we will be motivated to write articles you like.
--- NOTICE ---
If you want to use this article or any of the content of this website, please credit our website (www.affordablecebu.com) and mention the source link (URL) of the content, images, videos or other media of our website.  "ChinaBank amendment to Articles of Incorporation" was written by Mary under the Business category. It has been read 1835 times and generated 0 comments. The article was created on 02 July 2012 and updated on 02 July 2012. |
|
| Total comments : 0 | |