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Home  >>   Daily News  >>   Singapore News  >> Capital Markets  >> SGX enters discussions on sale of Philippine Dealing System stake
NEWS UPDATES Asean Affairs   21 May 2013  

SGX enters discussions on sale of Philippine Dealing System stake

Singapore Exchange (SGX) today said The Philippine Stock Exchange, Inc (PSE) wishes to enter discussions with SGX on the sale of its 20% stake in Philippine Dealing System Holdings Corp (PDS).

SGX and PSE have signed a memorandum of agreement on the discussions. The discussions are preliminary and there is no assurance any definitive or binding agreement will result.

SGX will make further announcements of any material developments. SGX acquired 20% of PDS, which operates the securities depository and fixed income exchange in the Philippines, in 2007.



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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

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