PLDT (PHI) has released an update.
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PLDT Inc. has reported its subscription to an additional 570 million common shares in Kayana Solutions Inc., resulting in a 45% ownership stake. The transaction is a strategic move within the MVP Group to foster growth and generate value. This investment aligns with PLDT’s efforts to explore new growth opportunities and enhance digital experiences.
For further insights into PHI stock, check out TipRanks’ Stock Analysis page.