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[ArticleID] => 243736
[Title] => Globe Telecom hikes public float to 20%
[Summary] => Globe Telecom has increased its public float from 14 percent to 20 percent, following major shareholder Deutsche Telekoms exit late last year, addressing the limited trading liquidity of Globes common shares which was a previous concern among investors.
During the companys stockholders meeting, Globe chairman Jaime Augusto Zobel de Ayala II noted that Deutsches difficult decision to exit from its Asian investments, including Globe provided an opportunity for the latter to benefit from certain crucial developments.
[DatePublished] => 2004-03-24 00:00:00
[ColumnID] => 133272
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[SectionName] => Business
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[ArticleID] => 225129
[Title] => Ayala, Globe sign buyback deal
[Summary] => Ayala Corp. and its telecommunications unit Globe Telecom have signed an agreement that would allow them to buy back the offered shares of Germanys DeTeAsia Holdings GmbH in Globe, hence increasing their shareholdings in the Philippines second largest telecoms company.
In separate disclosures filed with the Philippine Stock Exchange, AC and Globe said they have signed a definitive agreement covering the purchase from DeTeAsia of 10.04 million shares and 12 million Globe shares, respectively, at P680 per share.
[DatePublished] => 2003-10-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[2] => Array
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[ArticleID] => 216874
[Title] => DeutscheTel fails to sell Globe stake
[Summary] => Ayala Corp. and Singapore Telecom failed to agree on the acquisition price for the 24.8-percent stake of DeTeAsia Holding worth about $440 million in Globe Telecom, leaving Globes ownership structure in limbo...
[DatePublished] => 2003-08-12 00:00:00
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AYALA AND SINGTEL
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[ArticleID] => 243736
[Title] => Globe Telecom hikes public float to 20%
[Summary] => Globe Telecom has increased its public float from 14 percent to 20 percent, following major shareholder Deutsche Telekoms exit late last year, addressing the limited trading liquidity of Globes common shares which was a previous concern among investors.
During the companys stockholders meeting, Globe chairman Jaime Augusto Zobel de Ayala II noted that Deutsches difficult decision to exit from its Asian investments, including Globe provided an opportunity for the latter to benefit from certain crucial developments.
[DatePublished] => 2004-03-24 00:00:00
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[ArticleID] => 225129
[Title] => Ayala, Globe sign buyback deal
[Summary] => Ayala Corp. and its telecommunications unit Globe Telecom have signed an agreement that would allow them to buy back the offered shares of Germanys DeTeAsia Holdings GmbH in Globe, hence increasing their shareholdings in the Philippines second largest telecoms company.
In separate disclosures filed with the Philippine Stock Exchange, AC and Globe said they have signed a definitive agreement covering the purchase from DeTeAsia of 10.04 million shares and 12 million Globe shares, respectively, at P680 per share.
[DatePublished] => 2003-10-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 216874
[Title] => DeutscheTel fails to sell Globe stake
[Summary] => Ayala Corp. and Singapore Telecom failed to agree on the acquisition price for the 24.8-percent stake of DeTeAsia Holding worth about $440 million in Globe Telecom, leaving Globes ownership structure in limbo...
[DatePublished] => 2003-08-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
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abtest
March 24, 2004 - 12:00am
By Zinnia B. Dela Peña | October 23, 2003 - 12:00am
August 12, 2003 - 12:00am
Recommended
The Senate impeachment court will need 11 votes from the active roster of 20 senator-judges to overturn the ruling setting the conviction threshold at 16 votes in the impeachment trial of Vice President Sara Duterte, a court official clarified yesterday.
6 hours ago
Vice President Sara Duterte should substantiate her allegations that she has been receiving threats to her security since 2023, the Philippine National Police said yesterday.
6 hours ago
President Ferdinand Marcos Jr. arrived in New Delhi, India on Friday night to attend the 18th BRICS Summit and meet with Indian Prime Minister Narendra Modi as the Philippines seeks to deepen its strategic partnership with India.
14 hours ago
It will take only 10 votes from senator-judges to overturn the initial ruling that requires 16 votes to convict Vice President Sara Duterte, the Senate impeachment court clarified yesterday.
1 day ago
Vice President Sara Duterte called on President Marcos to resign, branding him the “problem of the nation” as she accused his administration of corruption, abuse and political harassment amid the cases filed against her and members of her family.
1 day ago
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February 12, 2018
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- 12:00 am
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