SEC directs FPH to hold stockholders’ meeting

SEC directs FPH to hold stockholders’ meeting

First Philippine Holdings Corp. (FPH) received directive from the Securities and Exchange Commission (SEC) to proceed with its scheduled July 27 annual stockholders’ meeting, including a partial election of board directors, even as a bitter intra-corporate dispute within the controlling Lopez family remains unresolved.In a disclosure to the Philippine Stock Exchange, FPH said the regulator’s ad hoc committee on matters concerning the Lopez group…