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IMELDA AND PRIME HOLDINGS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 368710 [Title] => Government mulls sale of sequestered PTIC shares [Summary] => The government plans to sell the 111,415 sequestered shares in Philippine Telecommunications Investment Corp. (PTIC), the same company that owns around 14 percent of Philippine Long Distance Telephone Co. (PLDT).
Presidential Commission on Good Government (PCGG) commissioner for assets and management Ricardo Abcede said they are intent on "disposing" the said assets.
Abcede said the proceeds of the sale would go to land reform and deposited with the National Treasury.
[DatePublished] => 2006-11-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1735966 [AuthorName] => Sandy Araneta [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Sandy Araneta | November 14, 2006 - 12:00am
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