FilsynCorp

Lifting of Trading Suspension

On 4 December 2024, the Philippine Stock Exchange, Inc. (“PSE”) issued a Notice (No. DN00170-2024) announcing that it will lift the trading suspension of Filsyn Corporation effective on 6 December 2024 at 9:00 am. 

Content of the PSE Disclosure Notice No. DN00170-2024 are as follows:

 

Background

On September 25, 2002, the Exchange implemented a trading suspension on the shares of Filsyn Corporation (“FYN” or the “Company”) in view of the Order of Revocation of Registration Statement and Permit to Sell dated August 26, 2002 issued by the Securities and Exchange Commission.

 

Reasons

Pursuant to the Company’s compliance with the requirements of the Exchange’s rules, please be advised that the Exchange has resolved to lift the trading suspension effective December 6, 2024.

Please see Company Announcement No. C07720-2024 posted on December 4, 2024 for the Company’s submission of the events that transpired from the time that FYN’s shares were suspended up to present.

Further, considering that the trading of the Company’s shares was suspended since September 25, 2002, the static threshold (trading band) for FYN shares will be lifted upon the resumption of trading of the Company’s shares on December 6, 2024, in accordance with Article VII, Section 6 of the Revised Trading Rules of the Exchange.

 

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