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                    [ArticleID] => 272129
                    [Title] => Citystate Savings sets stock rights offer for 25-M shares
                    [Summary] => Citystate Savings Bank Inc., a thrift bank listed on the Philippine Stock Exchange, has approved the sale of up to 25 million of its shares through a stock rights offering. 


In a filing with securities regulators, Citystate said the shares will be taken from its authorized but unissued capital stock.


Citystate said the offer price, payment terms and the offering period of the rights issue will be set at a later date. The bank will likewise set the record or cut-off date after securing listing and other regulatory approvals.


                    [DatePublished] => 2005-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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GENCARS INC

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                    [ArticleID] => 272129
                    [Title] => Citystate Savings sets stock rights offer for 25-M shares
                    [Summary] => Citystate Savings Bank Inc., a thrift bank listed on the Philippine Stock Exchange, has approved the sale of up to 25 million of its shares through a stock rights offering. 


In a filing with securities regulators, Citystate said the shares will be taken from its authorized but unissued capital stock.


Citystate said the offer price, payment terms and the offering period of the rights issue will be set at a later date. The bank will likewise set the record or cut-off date after securing listing and other regulatory approvals.


                    [DatePublished] => 2005-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Citystate Savings sets stock rights offer for 25-M shares

By Zinnia B. Dela Peña | March 31, 2005 - 12:00am

Citystate Savings Bank Inc., a thrift bank listed on the Philippine Stock Exchange, has approved the sale of up to 25 million of its shares through a stock rights offering. In a filing with securities regulators,...

Business