18-year trading suspension on Steniel Manufacturing lifted

The Philippine Stock Exchange said on Monday it will lift 18-year trading suspension on Steniel Manufacturing on April 30, 2024. 

This follows the company’s submission of regular financial reports after the completion of its business turnaround led by new owner/creditor Nixon Lim, who's involved in the packaging business. 

The PSE said it will also remove the daily price limit on the stock upon trading resumption because of the long suspension.

About the author
Miguel R. Camus
Miguel R. Camus

Miguel R. Camus has been a reporter covering various domestic business topics since 2009.

Featured News
Explore the latest news from InsiderPH
Wednesday, 3 July 2024
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.