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THE CAMP of Dr. Alfredo R.A. Bengzon said they are confident the ongoing ownership dispute at The Medical City (TMC) will be resolved soon, for the sake of the hospital and its shareholders.
THE PRESIDENT of The Medical City (TMC) said pushing through with the company’s annual shareholders’ meeting would only undermine the interest of minority stockholders, as the Securities and Exchange Commission (SEC) has yet to determine whether previous share purchases orchestrated by one of its top officials were legal.
THE incumbent chairman of The Medical City (TMC) called on the Securities and Exchange Commission (SEC) and the company’s board of directors to take “swift action” to ensure the company push through with its annual stockholders’ meeting (ASM).