The Xurpas disclosure further said that in 2019, the company decided not to pursue its VCE license application with the BSP. CTX remained a non-operating entity, incurring operational expenses particularly when they were working on the VCE application. Xurpas noted that the current book value/total equity of CTX is approximately Php 1 million.
Xurpas Enterprise, Inc. is focused on providing mobile enterprise solutions to corporate clients. Xurpas Enterprise leverages the extensive mobile technology expertise across the Corporation and its affiliated companies to help its clients mobile enable their business.
MANILA, Philippines Xurpas Inc.
the listed technology company, will acquire Wavemaker Partners US, a Los Angeles-based venture capital management firm. In a disclosure yesterday, Xurpas said …
10/20/2020 · Xurpas to initiate backdoor listing. THE Philippine Stock Exchange, Inc. (PSE) wont raise the trading suspension on stocks of Xurpas, Inc. after determining that it has intended a P170.7-million purchase of venture capital company Wavemaker Partners US qualifies as a non-profit listing. In a note on its website, the bourse operator stated that the …
The proposed transaction was previously disclosed on November 6, 2019, wherein Xurpas Board Approval was subject to due diligence and shareholders approval. On September 20, 2020, Xurpas Board of Directors approved the transaction.
9/13/2019 · In a disclosure to the Philippine Stock Exchange on Thursday, Xurpas said a substantial amount of the proceeds from the sale of Yondu would be used to retire existing debt obligations.
Recent Disclosures : Labels : Xurpas Inc.
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Trading has been suspended for Xurpas stocks since September 21. The 3 founders have been playing this game for 19 years now. Theyll be written in history books as the first ones that took a tech company public in the Philippines and would be use-cases in future finance courses.
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