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NextGenesis Holdings Corporation

NextGenesis Holdings Corporation (former AsiaTrust Development Bank, Inc.) is a new holding company in the Philippines. At the stockholder's meeting in April 25, 2012, the Asiatrust shareholders approved the change in corporate name from "Asiatrust Development Bank" to NextGenesis Holdings Corporation.

The primary and secondary purpose of the AsiaTrust Development Bank, Inc. were approved to be amended from a bank to a holding company, while the banking and trust-related provisions in the by-laws were approved to be deleted. The amendments to the Articles of Incorporation and By-Laws are proposed to be effective upon completion of the transaction with Asia United Bank. - https://www.affordablecebu.com/

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"NextGenesis Holdings Corporation" was written by Mary under the Business category. It has been read 2499 times and generated 0 comments. The article was created on 25 April 2012 and updated on 25 April 2012.

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