Roxas & Company independent director resigns after conflict of interest compromises independence

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Roxas And Company समाचार

Roxas And Company Inc

Roxas & Company disclosed that one of its independent directors, Aurelio Montinola, tendered his resignation in a letter dated May 6 after RCI sold 250 million treasury shares at a steep discount to a company owned and controlled by his wife, Ging Gonzalez-Montinola.

, tendered his resignation in a letter dated May 6 after RCI sold 250 million treasury shares at a steep discount to a company owned and controlled by his wife, . The shares were sold to Ms. Gonzalez-Montinola’s company, Stonebridge Corp, at P2.00/share, which was a 38% discount to RCI’s pre-announcement price and a 47% discount to RCI’s market price in the trading session immediately following the announcement. The reason RCI listed for Mr.

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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Montinola quits as Roxas & Company directorDefining the News
स्रोत: MlaStandard - 🏆 20. / 55 और पढो »

Stonebridge Corp. buys 9% stake in Roxas & CompanyDefining the News
स्रोत: MlaStandard - 🏆 20. / 55 और पढो »