^
+ Follow PDRS Tag
PDRS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 348848
                    [Title] => GMA Network defers IPO to early 2007
                    [Summary] => 



The much-awaited initial public offering (IPO) of broadcasting industry leader GMA Network Inc. has been deferred to early next year, highly placed sources told The STAR.


According to the sources, the owners of the television and radio network feel that early next year would be a better year for the company to offer its shares to the public.
[DatePublished] => 2006-07-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 326469 [Title] => GMA Network sets IPO in July [Summary] => The much-awaited initial public offering (IPO) of leading broadcast firm GMA Network Inc. has been set this July with the listing of the shares to follow in August, according to a company official.

The official said GMA’s planned IPO would have to wait until July this year as the network prepares its interim financial reports for submission to the Securities and Exchange Commission (SEC), a pre-requisite for companies intending to go public.
[DatePublished] => 2006-03-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 316952 [Title] => GMA Network eyes foreign capital via SPV route [Summary] => GMA Network Inc. will form a special purpose vehicle for the issuance of Philippine deposit receipts (PDRs) to allow foreigners to invest in a media enterprise whose ownership is constitutionally limited to Filipinos.

Based on a proposal submitted to the Securities and Exchange Commission (SEC), the new company will acquire existing shares currently owned by GMA’s major shareholders, and new shares to be issued by the network.
[DatePublished] => 2006-01-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 98840 [Title] => Share prices end mixed in lackluster trading [Summary] => Share prices ended mixed in lackluster trading yesterday, with only the cross sale of nearly P3-billion worth of ABS-CBN’s common shares and PDRs late in the session perking up the market.

With the nationwide protest action and the landmark impeachment case against President Estrada in Congress gaining ground, investor euphoria, however, soon subsided as the political struggle has shifted to the pro-administration-led Senate, where the President’s impeachment faces an uncertain fate.
[DatePublished] => 2000-11-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 98438 [Title] => Globe Telecom starts $100-M bond offer [Summary] => Ayala-owned Globe Telecom Inc. has started a global bond offering to raise about $100 million for the company’s capital build-up for its wireless phone business.

Globe vice president for legal services Ma. Caridad Gonzales informed the Philippine Stock Exchange that around 6.41 million in Philippine Deposit Receipts (PDRs) – an instrument which could later be converted into common shares – have been floated through a combination of domestic and international offerings.
[DatePublished] => 2000-10-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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