C07260-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 150,000,000 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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Results of Board Meeting held December 5, 2017 |
Background/Description of the Disclosure |
Following the grant of the Certificate of Public Convenience and Necessity (“CPCN”) in 2016, the board approved the acquisition of additional equipment of around P25 million to support the continuing rollout of its data network in order to enhance service to existing and future customers. The company intends to fund the purchase using short term loans. |
Other Relevant Information |
none |
Name | Renato Vicente Martinez |
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Designation | General Manager |