Abacus

Abacus Securities Corporation (ASC) was organized in December 1991 with an authorized capital of Php20.0 million. It commenced operations as Broker/Dealer and member of the Manila Stock Exchange (now Philippine Stock Exchange) on March 11, 1992. As of December 31, 1998, ASC increased its paid in capitalization to Php400 million, becoming one of the largest capitalized stock brokerages in the country.