ABS-CBN, TV5 'pause' investment deal

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Media companies ABS-CBN and TV5 on Wednesday announced they are putting on hold their planned investment deal amid issues raised by lawmakers and the National Telecommunications Commission (NTC).

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.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

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

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 11. in TH

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