In a disclosure to the Philippine Stock Exchange, PLDT said it has invested P2.12 billion in Radius Telecoms Inc., controlled by Manila Electric Co. (Meralco), which is also led by tycoon Manuel V. Pangilinan.
"Further to the disclosure we submitted to the PSE on Jan. 30, we announced that on April 30, PLDT Inc. completed its investment in Radius Telecoms Inc. by subscribing to 2,491,516 shares of common stock of Radius, which represents 34.9 percent equity interest," PLDT said.
هذه القصة مأخوذة من طبعة May 03, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 03, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Lawmakers back filing of case vs Tarlac Mayor Guo
The plan of the Office of the Solicitor General (OSG) to file a quo warranto case against Mayor Alice Guo of Bamban town in Tarlac got the backing of two members of the House of Representatives.
Kuh Ledesma on being single parent, music mentor to daughter Isabella
“It’s really a joy to have a child.” That was Kuh Ledesma sharing her thoughts on the joys and challenges of raising a child in a recent brief e-mail interview with The STAR.
Maya loan releases hit P34 B
Maya Bank has disbursed over P34 billion in loans as of end-March, with 59 percent of its borrowers accessing credit for the first time through the lender.
Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments.
Caritas Financial Plans faces possible liquidation
Pre-need firm Caritas Financial Plans Inc. (CFPI) may be liquidated over the next few months after the government placed it under receivership.
Gov't urged to hike, fast-track power investments
The government should increase its investments in the power generation infrastructure and accelerate energy related projects to address the country’s thinning electricity supply, a think thank said.
Market slips from last minute selling
The local stock market yesterday closed the week in the red, as investors went on a selling spree as a response to the news that interest rates may be brought down soon.
Ayala exits Manila Water
Sells remaining stake to Razon for P14.5 B
Timberwolves force Game 7
The Minnesota Timberwolves overwhelmed the Denver Nuggets 115-70 on Thursday to force the defending NBA champions to a decisive Game 7 in their Western Conference semifinal series.
SMB SURVIVES ROS SCARE
The battle-scarred Beermen were made to sweat by youthful but tough Rain or Shine before escaping with a 101-98 win and taking a 1-0 running start in the PBA Philippine Cup semifinal series yesterday.
