SB 640

Reserved Shares for Overseas Workers in Gocc Program

An Act Requiring Government-Owned Or- Controlled Corporations (Gocc's) on the Privatization Program to Reserve at Least Twenty Percent (20%) of Their Total Initial Public Offering (Ipo) of Shares to Overseas Workers, Authorizing the Overseas Workers Investment (Owi) Fund Under R.A. No. 7111 to Manage an Investment Fund Portfolio for Overseas Workers and for Other Purposes