Calata’s public investors in limbohome/Business/Business Columns/Calata’s public investors in limboWhat happened to the public stockholders of listed companies that used to be listed but were either suspended or ordered closed by regulatory agencies? They now find themselves in limbo not knowing what to do with their ownership of common shares. He could be one of the public investors who may have been duped into buying Calata’s initial public offering (IPO). He may be only one of the public investors who do not know where to go to liquidate their Calata common shares. It is the public who are mostly responsible in having these businesses’ common shares listed but not necessarily making them public.

Source: Manila Times August 01, 2019 16:18 UTC