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Luis Limlingan, Regina Capital managing director, denied that CAP-M is connected in any way with Regina. The victim added that he was told that his initial investment was used to buy shares in San Miguel Corp.
A number of victims have banded together and asked the NBI for help so they could get their money back. In stock market parlance, ESOPs are contracts between a company and its employees to give workers the right to buy a specific number of company shares at a fixed price within a certain period of time.
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