In similar statements, the two companies said they have agreed to a pause in their closing preparations.
The two early this month announced their investment agreement that will allow ABS-CBN to "acquire 6,459,393 primary common shares in TV5 representing 34.99% of the total voting and outstanding capital stock of TV5 for an aggregate subscription price of P2.16 billion." to look into the franchise of TV5 for possible violations over its alleged foreign ownership and its block time agreement with ABS-CBN.should carefully review the agreementNTC Commissioner Gamaliel Cordoba, for his part, earlier said the commission would review the partnership agreement due to the alleged violations of ABS-CBN.
Thank you Rep. Rodante Marcoleta for never letting your guard down in making sure that the powers of Congress are NEVER abused nor usurped by anyone. WorkingGovernment 🇵🇭
Maraming salamat po Rep. Rodante Marcoleta sa walang tigil nyong pagbabantay para masiguro na ang kapangyarihan ng Kongreso ay HINDI kailanman maabuso o masaklaw ng sinoman. GumaganangGobyerno 🇵🇭
Maraming salamat po Rep. Rodante Marcoleta sa walang tigil nyong pagbabantay para masiguro na ang kapangyarihan ng Kongreso ay HINDI kailanman maabuso o masaklaw ng sinoman. GumaganangGobyerno 🇵🇭
Sobrang takot sa ABSCBN....
sobrang bulok na sistema ng govt sa bansa kaya walang pag asang umasenso nito