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Meralco wins court battle against SEC
By: William B. Depasupil | Manila Times
25 July 2008 | 9:22 AM

The Court of Appeals has voided a cease-and-desist order issued by the Securities and Exchange Commission (SEC) against the Manila Electric Co. (Meralco) in an attempt by the commission to stop the giant utility’s election of board members during the annual stockholders’ meeting nearly two months ago.
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