The Philippine Stock Exchange may tap the debt market to buy out the shareholders of Philippine Dealing System Holdings Corp. .
“We have not started the negotiations now because the power of attorney that the banks gave to BAP has expired. So the BAP now is renewing that with the banks. Until that happens, I don’t want to talk to 24 different sectors,” Monzon said. The Securities and Exchange Commission granted the PSE an exemptive relief in December that will enable it to acquire full ownership in PDS.
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