#1
14th March 2016, 02:36 PM
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Asia United Bank Corporation Ownership
Hello sir, what is percentage of Asia United bank corporation ownership? Will you provide me Asia United Bank Corporation Ownership?
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#2
14th March 2016, 02:37 PM
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Re: Asia United Bank Corporation Ownership
Asia United Bank Corp. is exaggerating its compliance with the full disclosure rule that governs listed companies by naming the stockholders of its corporate stockholders. To expand its business and distribution network, AUB has acquired three subsidiaries as of December 31, 2014 as shown in the table below. Subsidiary Principal Activities Country of Incorporation % Ownership Rural Bank of Angeles Rural Banking Philippines 99.54% Cavite United Rural Bank Rural Banking Philippines 100.00% Asia United Leasing and Finance Corp (AULFC) and its 100% subsidiary, Asia United Fleet Leasing and Financing Philippines 39.00% In a footnote to the ownership filing posted on the website of the Philippine Stock Exchange, AUBC said of the PCD-held AUBC shares, only Deutsche Bank Manila and Lucky Securities Inc. hold more than 5e percent, or 5.28 percent and 13.64 percent, respectively. Ownership: Republic Biscuit Corporation – 44% Kuo Yu Philippines Holdings, Inc. – 25% Lambda Holdings Corporation – 20% Citio Maunland Investments Corporation – 6% Magis Equity Ventures – 5% |