Maharlika Investment Corp. (MIC) announced its intentions to launch a tender offer for shares of Asian Terminals.
This could accelerate the delisting of Asian Terminals from the Philippine Stock Exchange (PSE).
Tender offer price is 36 PHP. Upon completion, MIC is expected to hold approximately 11.2% of ATI’s outstanding common shares.
A Tender Offer for Asian Terminals by Maharlika Investment Corp (Philippines Sovereign Wealth Fund)
