1 share for P200 or 2 shares for P300 highest bidder?
- the 1 share for P200 is the highest bidder highest amount for the least number of shares How should the delinquency sale be conducted? - not less than 30 days but not more than 60 days from the date the stocks become delinquent - published once a week for 2 consecutive weeks in a newspaper of general circulation in the province or city where the principal office of the corporation is located What is the purpose of publication? - promote sales so that other interested parties may be given the opportunity to bid, participate in the bidding How are certificate of stocks are transferred? - by endorsement plus delivery