+ Follow PTIC Tag
PTIC
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[ArticleID] => 506439
[Title] => And the plot thickens
[Summary] => The recent “expose” by Senator Panfilo Lacson involving the alleged coercion used by former President Estrada to force businessman Alfonso Yuchengco into selling his shares in the Philippine Telecommunications Investment Corp. (PTIC) that allowed First Pacific to acquire a controlling stake in the Philippine Long Distance Telephone Co. (PLDT) raises more questions than answers.
[DatePublished] => 2009-09-20 00:00:00
[ColumnID] => 134315
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 28144
[Title] => Sandigan to PTIC: Remit P5 B
[Summary] =>
[DatePublished] => 2007-11-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1735838
[AuthorName] => Sandy Araneta
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 389292
[Title] => PCGG to run after Tonyboy’s billions in PLDT dividends
[Summary] =>
The Presidential Commission on Good Government (PCGG) said it will go after Antonio "Tonyboy" Cojuangco in an effort to recover billions of pesos in dividends from government-sequestered shares in Philippine Long Distance Telephone Co. (PLDT) issued to the businessman and his family.
Charles Avila, special assistant of PCGG chairman Camilo Sabio, said the commission has already initiated efforts to compel Cojuangco to turn over the dividends he and his family received from PLDT which rightfully belonged to the government through Prime Holdings Inc. (PHI).
[DatePublished] => 2007-03-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1664250
[AuthorName] => Rainier Allan Ronda
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[3] => Array
(
[ArticleID] => 387322
[Title] => First Pac, DoCoMo in talks for sale of PTIC shares
[Summary] =>
Hong Kong-based First Pacific Group is meeting with representatives of Japan’s NTT DoCoMo within the month to discuss the possibility of selling to the latter part of the 111,415 shares in the Philippine Telecommunications Investment Corp. (PTIC) worth P25.2 billion which First Pacific acquired from the Philippine government yesterday.
[DatePublished] => 2007-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 385116
[Title] => Gov’t, Metro Pac ink deal on PTIC shares
[Summary] =>
The government has finally decided to sell its shares in Philippine Telecommunications Investment Corp. (PTIC) to Metro Pacific Asset Holdings for a total of P25.2 billion.
The parties signed the sale purchase agreement yesterday for the sale of the government’s 111,415 shares representing 46- percent stake in PTIC.
"The agreement is a demonstration of commitment by Metro Pacific to buy the government’s stake in PTIC," said Finance Secretary Margarito Teves.
[DatePublished] => 2007-02-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 382960
[Title] => First Pac seeks shareholders’ OK for PTIC stake purchase
[Summary] =>
Hong Kong-based First Pacific Co. Ltd. is convening a special general meeting of its shareholders soon to secure approval for the acquisition of the government’s 46-percent stake worth P25.2 billion in Philippine Telecommunications Investment Corp. (PTIC), a single-purpose holding company owning 13.8 percent of telecommunications giant Philippine Long Distance Telephone Co. (PLDT).
[DatePublished] => 2007-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 382786
[Title] => House body clears sale of PLDT shares worth P25B
[Summary] =>
The House committee on good government cleared yesterday the sale of Philippine Long Distance Telephone Co. (PLDT) shares worth P25.2 billion that the government owns through Philippine Telecommunications Investment Corp. (PTIC).
Iloilo Rep. Arthur Defensor, committee chairman, told concerned officials and resource persons at the end of a three-hour hearing that he and his colleagues were satisfied by the explanations they heard about the deal.
[DatePublished] => 2007-02-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097047
[AuthorName] => Jess Diaz
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 382642
[Title] => NG accepts First Pacific offer for PLDT stake
[Summary] =>
The government has accepted Hong Kong-based First Pacific Co.’s offer to initially acquire only half of the 12 million shares in the Philippine Telecommunications Investment Corp. (PTIC) up for sale.
The STAR learned that Japan’s NTT DocoMo, which was supposed to put up half of the P25.2-billion price tag (around P2,100 per share) for the 46 percent stake in PTIC, translating to a 6.4 percent indirect stake in the Philippine Long Distance Telephone Co. (PLDT), backed out due to "pricing issues."
[DatePublished] => 2007-01-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 381614
[Title] => Unfair
[Summary] =>
Sometimes the national interest is compromised unwittingly by the truly incompetent.
When the Supreme Court awarded 111,415 sequestered shares of the PTIC to the Philippine government, the Department of Finance (DOF) lost no time in putting that block of shares up for public bidding. The DOF had hoped the sale to be consummated before the end of last year to further improve on an already laudable deficit picture.
[DatePublished] => 2007-01-25 00:00:00
[ColumnID] => 134157
[Focus] => 0
[AuthorID] => 1804783
[AuthorName] => Alex Magno
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[9] => Array
(
[ArticleID] => 380247
[Title] => PTIC sale to pump prime economy
[Summary] =>
Like a housekeeper looking for money to go into the kitty, the government is finding ways and means to pump prime the economy, and the sale of its P25-billion stake in the Philippine Telecommunication Investment Corporation (PTIC), representing 7 percent of Philippine Long Distance Telephone Company (PLDT) will enable it to maintain a lower budget deficit this year and balance the budget two years from now.
[DatePublished] => 2007-01-16 00:00:00
[ColumnID] => 134209
[Focus] => 0
[AuthorID] => 1804859
[AuthorName] => Domini M. Torrevillas
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
)
)
abtest
September 20, 2009 - 12:00am
February 2, 2007 - 12:00am
January 31, 2007 - 12:00am
