CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Sep 14, 2020
2. SEC Identification Number
1803
3. BIR Tax Identification No.
000406761000
4. Exact name of issuer as specified in its charter
ABS-CBN Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
ABS-CBN Broadcasting Center, Sgt. Esguerra Ave. cor. Mother Ignacia Street Quezon CityPostal Code1103
8. Issuer's telephone number, including area code
(632)34152272
9. Former name or former address, if changed since last report
Not Applicable
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
857,516,968
11. Indicate the item numbers reported herein
Item 9
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.
ABS-CBN CorporationABS
PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Clarification of News Report
Source
philSTAR.com
Subject of News Report
MVP Group bidding for SkyCable
Date of Publication
Sep 14, 2020
Clarification of News Report
We write in reply to the Exchange’s request for confirmation on the news article entitled “MVP Group bidding for SkyCable” posted in philSTAR.com on September 14, 2020. The article reported in part that:
“MANILA, Philippines — The MVP Group’s telco giant Philippine Long Distance Telephone Co. (PLDT) is vying for Lopez-owned SkyCable and is hoping to close the deal after the ghost month of the Chinese Lunar calendar, industry sources told The STAR.
The prized cable provider of the beleaguered Lopez Group is estimated at P15 billion to P18 billion, but the MVP Group is ready to make an aggressive offer to make sure that it bags the deal, sources said.
. . . .”
We cannot confirm the veracity of the matters in the article. SkyCable has not solicited this bid to sell the company, nor has ABS-CBN Corporation made any decision with regard to a divestment of SkyCable.