STOCK CERTIFICATES
Stockholders who buy shares of stock and want their names to be recognized in the books of the Company should specifically request their stockbrokers that the stock certificates be issued in their name. Otherwise, registration of the shares will remain in scripless form under the Philippine Central Depository. In the absence of a proxy, the registered owner of the shares acquires voting rights to the common shares.
The stock certificate is the strongest proof of ownership in the Company. Stock certificates are highly negotiable and should be safeguarded properly. They should not be endorsed at the back until there is sale or transfer.