Bank PHB Plc: Recapitalization

Proshare

 

 

19 November, 2010
The Bank has notified The Exchange that it has entered into exclusive negotiations with a consortium of International Financial Institutions, which if successful could lead to the recapitalization of the Bank.
However, any ensuring transaction is subject to Shareholders’ and Regulatory approvals.
Further announcements will be made when any material event occurs.

 

http://www.proshareng.com/investors/company.php?ref=PLATINUM

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