Republic Acts1 min read
Section 7Sec./Art. 7
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Section 13 of Republic Act No. 7294 is hereby amended to read as follows:
"Sec. 13. Listing of Shares. - The grantee shall list, subject to the requirements of the Securities and Exchange Commission and the stock exchange concerned, and make a public offering through the stock exchange of the shares representing at least thirty per centum (30%) of its authorized capital stock in any securities exchange in the Philippines within two (2) years from the effectivity of this Act, unless the grantee is wholly owned by a publicly listed company with at least thirty per centum (30%) of whose authorized capital stock is publicly owned."
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