MANILA, Philippines – The market regulation arm of the Philippine Stock Exchange has lifted the involuntary suspension issued against Globalinks Securities and Stocks Inc. after three months.
Capital Markets Integrity Corp. (CMIC) announced in a memorandum on Tuesday that the stock brokerage house now has enough capital to continue operating.
CMIC stated that it had received documents from Globalinks demonstrating the firm’s improved financial standing, allowing the resumption of its activities in the market.
https://business.inquirer.net/552505/pse-lifts-globalinks-suspension