MANILA (XFN-ASIA) - The Philippine Stock Exchange said it has lifted the trading suspension order on shares of JG Summit Holdings Inc. after the company issued a clarification on a newspaper report, which said the conglomerate made P70 billion in revenue and less than P3 billion in profit last year.
JG Summit told the exchange that it has not yet issued any press statement on its results for the past year. At 9.41 am today, JG Summit was untraded after closing at P5 yesterday.
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