Will Smart remain the only non-listed telecom company? - News Summed Up

Will Smart remain the only non-listed telecom company?


Second to PCD Nominee was JP Morgan Hong Kong Nominee Ltd., which held 36.568 million PLDT common shares, or 16.925 percent. They held 22.797 million PLDT common shares, or 10.551 percent, and 21.557 million PLDT common shares, or 9.984 percent, respectively. The 13-person board, according to PLDT’s ownership profile detailed in the company’s POR, held 575,807 PLDT common shares, while the officers owned 32,356 PLDT common shares. It owns 41.157 million common shares, or 30.965 percent of 132.917 million outstanding common shares of Globe Telecommunications Inc. Its partner in the telecom company is Singapore Telecom International Inc., holder of 62.646 million Globe Telecom common shares, or 47.132 percent. Someday, Smart will be generous enough to show it also cares for PLDT’s public stockholders and the public investors in general.


Source: Manila Times March 06, 2018 16:52 UTC



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