Holcim Philippines to delist from PH Stock Exchange

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Holcim Philippines to delist from PH Stock Exchange
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Cement manufacturer Holcim Philippines may delist soon from the Philippine Stock Exchange.

The company told the state bourse Tuesday that it has required the two-thirds vote among shareholders for the proposed voluntary delisting, with less than 10 percent voting against the move.

There are changes to the PSE's main index starting Tuesday, September 26--Metro Pacific Investments Corporation is out after it decided to go private, and so is Aboitiz Power Corporation, after share buybacks brought its public float below the 20 percent threshold.

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