Asian Terminals Inc (ATI), a leading ports and terminals operator in the Philippines, said it has received notice from the Philippine Stock Exchange (PSE) approving its petition for voluntary delisting.
This follows the successful tender offer process and succeeding share crossing for tendered shares conducted jointly by ATI and the Maharlika Investment Corp. (MIC), as publicly announced earlier.
As a result of the tender offer process, ATI and Maharlika Investment Corp. (MIC) – the country’s sovereign wealth fund manager – as joint proponents to the tender offer have collectively acquired at least 95 percent of ATI’s outstanding shares, satisfying the PSE’s minimum ownership requirement for voluntary delisting.
With the increase in ownership, ATI’s public shareholding has consequently fallen below the level required for listed companies.
In accordance with PSE rules governing voluntary delisting, trading of ATI shares has been suspended as part of the normal process.
The notice also said that ATI’s shares will be removed from the PSE registry effective April 3, 2026, indicating the company’s official delisting date.
The completion of the tender offer and voluntary delisting process marks a significant milestone in ATI’s shareholder transition, as the company formally welcomes MIC as its newest strategic investor and shareholder.
This transformation comes at an auspicious time as ATI celebrates 40 years of enabling trade and driving economic progress through its integrated ports and terminals 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.
The company emphasized that operations across its ports and terminals remain business as usual, and that it will continue to provide updates through its official disclosures in due course.
