PSE approves Asian Terminals Inc. voluntary delisting

LocalBusiness & Finance
1 Apr 2026 • 12:10 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

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THE Philippine Stock Exchange (PSE) approved Asian Terminals Inc.’s (ATI) petition for voluntary delisting effective April 3, 2026.

The approval follows a joint tender offer by ATI and Maharlika Investment Corp. (MIC). The proponents acquired at least 95 percent of outstanding shares, satisfying the PSE’s ownership requirement for delisting.

Consequently, ATI’s public shareholding fell below the mandatory level for listed companies. Trading of ATI shares is now suspended per exchange rules. ATI shares will be removed from the PSE registry on April 3, 2026.

The delisting marks the formal entry of MIC, the country’s sovereign wealth fund manager, as a strategic investor. The transition coincides with ATI’s 40th year of port operations.

"With MIC’s participation, ATI is poised to embark on a new chapter of sustained growth as it further expands its role in facilitating efficient and sustainable trade in support of industries, communities, and the broader Philippine economy," ATI said.

ATI stated that port and terminal operations remain "business as usual." The company will provide further updates through official disclosures.