Together, Globe Telecom’s two important stockholders control 103.371 million not unusual stocks, or 77.87 percentage. The public holds 29.237 million common shares, or 22.02 percent. The contributors of the board and a few Globe Telecom insiders personal the last common shares.
Incidentally, Globe Telecom has lengthy been violating the seasoned-Filipino 60-forty-percent ownership ratio among Filipinos and foreigners. Duediligencer is making this conclusion based totally on facts. If the general public could care to shield their right as stockholders of Liberty Telecoms, they will want to review the concept.
As a ways as ownership filings are worried, Globe Telecom is managed by means of SingTel. As a Filipino inventory business enterprise, Ayala Corp. Is deemed to govern majority possession by means of its favored shareholdings. If that is the case, why reveal best the possession of common shares in a POR, which makes it appear that Ayala Corp. Is a minority stockholder?
PLDT, alternatively, is managed by the Indonesian-owned First Pacific Co. Ltd., that’s primarily based in Hong Kong.
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