The Securities and Exchange Commission lifted the suspension of trading on Sy-led listed firm Dominion Holdings Inc. after more than four months.
The SEC earlier issued the order of suspension against DHI, formerly BDO Leasing and Finance Inc., for its alleged failure to amend its registration statement to reflect the change in primary purpose from leasing and financing company to a holding company.“Having submitted the amended registration statement, paid the filing fees thereof and the corresponding fees for the petition, DHI is now compliant with the commission order dated Feb. 13, 2020,” the SEC said in the order.
DHI, as an investment holding company, has more flexibility in pursuing business opportunities that can enhance shareholder value.