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                    [Title] => Globe owners to infuse P6B for expansion
                    [Summary] => The major stockholders of Globe Telecom Inc. will pour in over P6 billion in fresh equity to help fund the company’s aggressive expansion binge over the next four years, a top official said.


In a disclosure to the Philippine Stock Exchange, Globe Telecom corporate secretary Renato Marzan said the company’s board has approved the additional issuance of 8.855 million common shares to accommodate the capital infusion of Ayala Corp., DeTeAsia Holding Gmbh (a wholly-owned subsidiary of Deutsche Telekom) and Singapore Telecom International Pte. Ltd.


                    [DatePublished] => 2001-12-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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HOLDING GMBH

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                    [ArticleID] => 143583
                    [Title] => Globe owners to infuse P6B for expansion
                    [Summary] => The major stockholders of Globe Telecom Inc. will pour in over P6 billion in fresh equity to help fund the company’s aggressive expansion binge over the next four years, a top official said.


In a disclosure to the Philippine Stock Exchange, Globe Telecom corporate secretary Renato Marzan said the company’s board has approved the additional issuance of 8.855 million common shares to accommodate the capital infusion of Ayala Corp., DeTeAsia Holding Gmbh (a wholly-owned subsidiary of Deutsche Telekom) and Singapore Telecom International Pte. Ltd.


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abtest

Globe owners to infuse P6B for expansion

By Christina Mendez | December 14, 2001 - 12:00am

The major stockholders of Globe Telecom Inc. will pour in over P6 billion in fresh equity to help fund the company’s aggressive expansion binge over the next four years, a top official said. In a disclosure...

Business