Roxas Holdings Inc. requested a 9-day trading suspension due to Leandro Leviste's plan to buy 71.6% of the company for P5 billion.

Roxas Holdings Inc. (RHI) requested a nine-day trading suspension following businessman Leandro Leviste's announcement of plans to buy into the company. Leviste and his Countryside Investments Holdings Corp. signed a term sheet with Manuel Pangilinan's group for the purchase of 71.6 percent of RHI for P5 billion. The suspension aims to prevent speculation until the investment agreement between Leviste and Pangilinan is executed as per the term sheet.

May 20, 2024
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