Philippines’ SAC Holdings changes name, sells shares

In the Philippines, the board of Southeast Asia Cement Holdings has approved the change of company name to Global Ferronickel Holdings. Meanwhile, SAC Holdings' 90% shares were sold to Platinum Group Metals Corporation (PGMC). A total of 6.29 billion shares or 89.82% issued shares capital and outstanding capital stock were involved in the transaction.

October 22, 2014 Read time: 1 min

In the Philippines, the board of Southeast 6819 Asia Cement Holdings has approved the change of company name to Global Ferronickel Holdings.

Meanwhile, SAC Holdings' 90% shares were sold to Platinum Group Metals Corporation (PGMC).

A total of 6.29 billion shares or 89.82% issued shares capital and outstanding capital stock were involved in the transaction.

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