C01270-2022 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common shares | 133,619,207 | |
Total debt (in Php Mn) | 210,054 |
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Subject of the Disclosure |
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Press Release - Globe, STT GDC and Ayala Enter into $350M Venture to Expand Current Data Center Footprint in the Philippines; Eyes Market Leadership in the Country |
Background/Description of the Disclosure |
Globe, a leading digital solutions platform in the Philippines with major interests in telecommunications, financial technology, digital marketing solutions, venture capital funding for startups, entertainment, and virtual healthcare announced the formation of a joint venture partnership with ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data center providers and Ayala Corporation (AC), the Philippines’ leading conglomerate, for the development, construction and operation of data center projects in the Philippines. |
Other Relevant Information |
Please refer to the relevant attachment. Note: This press release contains certain forward-looking statements. These forward-looking statements generally can be identified by the use of statements that include words or phrases such as Globe or its management “believes,” “expects,” “anticipates,” “intends,” “plans,” “foresees,” or other words or phrases of similar import. Similarly, statements that describe Globe’s objectives, plans or goals are also forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. |
Name | Jose Mari Fajardo |
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Designation | Director |