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Robinsons Land takes RCBC Trust Group as stock transfer agent after BPI quits


Robinsons Land Corp. is appointing Rizal Commercial Banking Corp. Trust and Investments Group as its new stock transfer agent starting October 31, after Bank of the Philippine Islands decided to quit the role.
 
In a disclosure to the Philippine Stock Exchange Friday, the board of the Gokongwei-led property firm said the appointment of RCBC was approved in a meeting held on Thursday. 
 
"The management of BPI decided to confine its services as stock transfer and dividend paying agent to BPI, its subsidiaries and affiliates," the disclosure read.
 
Robinsons Land said the business relationship with BPI will be severed as of October 30. – Danessa O. Rivera/VS, GMA News