Dominion Holdings, Inc. (DHI, formerly BDO Leasing and Finance, Inc.) announced that DHI shareholders can now resume trading on the Philippine Stock Exchange (PSE) following compliance with regulatory requirements. The trading of DHI shares in the PSE was originally placed on hold since January 27, 2020 due to a voluntary trading suspension and a Securities and Exchange Commission (SEC) requirement to amend the firm’s registration statement to reflect the change in its primary purpose from leasing and financing business to a holding company.
Subsequently, the SEC lifted its Order of Suspension on July 1, 2024, while the PSE resolved to lift the trading suspension of DHI effective August 20, 2024 after DHI filed its Comprehensive Corporate Disclosure. Dominion Holdings Inc.’s primary purpose is to hold/own real estate properties, securities/shares of stocks, and other assets of other companies, and engage in investment and business activities involving these assets. On July 18, 2022, the SEC approved the change in corporate name of BDO Leasing and Finance Inc. to “Dominion Holdings, Inc.”, the shift in primary and secondary purposes from a leasing and financing company to that of a holding company, and the corresponding amendments to the Company’s Articles of Incorporation and By-laws. As an investment holding company, Dominion Holdings has more flexibility in pursuing business opportunities that can enhance shareholder value.
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