BDO to raise P2.54 billion from Dominion Holdings exitIn a disclosure, the country’s largest bank said the deal involves the sale of 1.51 billion shares, equivalent to 70 percent of DHI, to Monte Sur Equity Holdings Inc. at about P1.68 per share. MANILA, Philippines — BDO Unibank Inc. expects about P2.54 billion from the sale of its controlling stake in Dominion Holdings Inc. (DHI), a transaction that will also result in the firm ceasing to be a subsidiary of the Sy-led bank. “The disposition of DHI is aligned with the BDO Group’s continuing policy of streamlining its organizational structure following the conversion of DHI into an investment holding company,” BDO said. In a separate disclosure, DHI said its board accepted the resignation of nine directors, including Elmer Serrano, Luis Ma. DHI, formerly known as BDO Leasing and Finance Inc., is being repositioned as an investment holding company as part of the broader restructuring within the BDO Group.

Source: Philippine Star March 17, 2026 16:41 UTC