Security Bank Corporation (SECB) listed an additional 150.7 million common shares at the Philippine Stock Exchange (PSE) on Tuesday representing the shares issued to The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) via private placement. The transaction was completed in April 2016 with the equity investment of P36.9 billion by BTMU in SECB.
“I would like to congratulate Security Bank on this capital investment milestone, which is one of the largest private placements in the history of the Exchange,” said PSE Chairman Jose T. Pardo in his welcome remarks during the ceremony. “I must say, the sizeable investment made by the Bank of Tokyo-Mitsubishi is a testament to their confidence in your company and the Philippine banking system,” added Mr. Pardo.
Shown in the photo (L-R): SECB President and Chief Executive Officer Alfonso L. Salcedo, Jr.; SECB Vice Chairman Paul Y. Ung; SECB Director Takayoshi Futae; Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr.; SECB Chairman Alberto S. Villarosa; PSE Chairman Jose T. Pardo; PSE Director Ma. Vivian Yuchengco; PSE President and Chief Executive Officer Hans B. Sicat; PSE Treasurer Omelita J. Tiangco, and PSE Director Alejandro T. Yu.