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GMA7 acquisition: Manny Pangilinan vs. Ramon Ang — again?

Is this another case of “What Manny Pangilinan wants, Ramon Ang will also try to get”? This question emerges as reports regarding purported interest by Ramon Ang, president of conglomerate San Miguel Corporation (SMC), to acquire a 30% equity stake in GMA Network Inc. (GMA7) surfaced last week.

Is PLDT owned by foreigners?

The recent Supreme Court ruling ordering the Securities and Exchange Commission (SEC) to look into the extent of foreign ownership in PLDT raises a very important question: Did the telecommunications giant violate the Philippine Constitution with regard to the maximum 40% foreign equity rule? In layman’s terms, the Supreme Court is basically asking the SEC: …

Is PLDT owned by foreigners? Read More »

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