For this reason on my own, indexed agencies aren’t public, as I have written in this space some of times. Let’s make listed agencies additionally public with the aid of strictly implementing the ten-percentage minimum public possession (MPO) rule. Maybe, the regulation might also even need modification to increase such percentage.
Public traders
By the manner, public investors who alternate on listed shares won’t be as rich because the families that very own the groups in which they own shares. They are however either rich or very wealthy. Otherwise, they won’t be capable of both purchase or promote PSE-indexed stocks permitting them to emerge as a few of the minority stockholders.
The problem though lies with the computation of public ownership as supplied in public ownership reviews (POR). If SEC officials would best scrutinize carefully the mathematical displays in these filings, they could have noticed some glaring inconsistencies in them.
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