CBMPC Acts as Broker and Acquires LSERV Shares

CBMPC has sold a total of 1,616 LSERV shares to members who were on the look-out for another investment instrument that has little risks but offers sure returns in terms of yearly dividends.

As broker, the coop earned 2.5% broker’s fee which meant added earning for the coop.

CBMPC acquired 600 LSERV shares under its name and the yearly dividends it will earn will add up to the coop’s income. Thus, the generated broker’s fee and dividends will both redound to the benefit of the members.

LSERV shares are issued by the LSERV Corporation, formerly known as LBP Service Corporation, a leading manpower services provider from technical craftsmanship, facilities maintenance and other support services such as administrative and consulting services. LSERV Corporation has Mr. Jesli Lapus, former LANDBANK President, as Chairman of the Board of Directors and Mr. Joseph Angeles as its President. Its manpower pool consists of over 12,000 qualified personnel catering to the manpower requirements of private companies, including multinational corporations, and government agencies.