PNB Holdings files with SEC for stock market listing

PNB Holdings Corp. (PHC), the banking subsidiary of LT Group Inc., has taken a significant step towards a potential stock market listing by filing a registration statement with the Securities and Exchange Commission.

The planned listing will be conducted by way of introduction, a process that allows existing shares to be listed on the Philippine Stock Exchange without raising new capital.

This method is generally used to enhance liquidity and market visibility for the company's shares.

PHC is the parent company of Philippine National Bank (PNB), one of the largest universal banks in the Philippines.

LT Group and PHC have committed to keeping the market updated on any material developments concerning the planned listing, including regulatory approvals and timelines.