Philippine National Bank's property arm eyes PSE listing with no date set

PHC is undertaking the necessary documentation and preparatory steps for the listing.

Philippine National Bank (PNB) said that its real estate holding company and subsidiary PNB Holdings Corporation (PHC) is still working on its planned listing on the Philippine Stock Exchange (PSE).

PHC is undertaking the necessary documentation and preparatory steps for the listing, the bank said in a bourse filing.

No final timing of listing has been set. PNB said that coordination is ongoing with the PSE and other relevant regulators.

“PHC continues to move forward with its listing plan and make its shares available to the investing public,” PNB said in a statement.

The bank said it will provide further updates “as appropriate.”