PLDT (PHI) has released an update.
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PLDT Inc., through its subsidiary DigiCo, has acquired a full 100% equity interest in Multipay Corporation as per a disclosure letter filed with the Philippine Stock Exchange and the Philippine Securities and Exchange Commission. The transaction aims to comply with the PSE’s Revised Disclosure Rules and the Securities Regulation Code’s reporting requirements on significant developments. This strategic move could signal a strengthening of PLDT’s market position and portfolio expansion.
For further insights into PHI stock, check out TipRanks’ Stock Analysis page.