“rectified,” amid concerns raised by government regulators that the company might have violated constitutional restrictions that cap foreign ownership in some businesses in the country.
According to the TWG, 99 percent of Angkas is currently owned by Singaporean Angeline Tham, a former executive of ride-sharing company Grab. Royeca said official records are not updated yet due to operational lag, but that they will be eventually.
Since when? Since yesterday?
Since when angkas? And where is your proof (a document from SEC) to validate/support your claim...