PLDT (PHI) has released an update.
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PLDT Inc.’s subsidiary DigiCo has acquired a 10% minority interest in CIS Bayad Center Inc. The compliance with the PSE and SEC regulations was announced, and the disclosure was made as per the Revised Disclosure Rules and the Securities Regulation Code. The transaction’s significance is underscored by the formal communication with the Philippine Stock Exchange and the Securities and Exchange Commission.
For further insights into PHI stock, check out TipRanks’ Stock Analysis page.