Public Offering.
Section 9
SEC. 9. Public Offering. - In compliance with the constitution mandate to democratize ownership of public utilities, the herein grantee shall make offering through the stock exchanges of at least thirty percent (30%) of its common stocks within a period of three (3) years from the date of effectivity of this Act: Provided, That no single person or entity shall be allowed to own more than five percent (5%) of the stock offerings.