Category: remain

PSE to make sure REIT proceeds remain in PH – INQUIRER.net 0

PSE to make sure REIT proceeds remain in PH – INQUIRER.net

The Philippine Stock Exchange (PSE) has drafted revisions to the rules on listing real estate investment trusts (REITs) to allay regulators’ concerns that money raised from a domestic offering would be invested overseas instead of funding local property projects. The PSE proposed that the rules be amended to require all REITs to invest at least…