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                    [ArticleID] => 286152
                    [Title] => Ongpin group acquires 17.7% of ETPI via share swap deal
                    [Summary] => ISM Communications Inc., a company controlled by former Trade Industry Minister Roberto Ongpin, has entered into a share swap agreement with Aerocom Investors & Managers Inc. for the latter’s 17.7 percent stake in Eastern Telecommunications Philippines Inc. (ETPI).


In a disclosure with the Philippine Stock Exchange, ISM said it will issue 6.816 billion new shares which will come from its planned increase in capital stock. In exchange, ISM will receive 4.6 million class A shares of ETPI, accounting for 17.7 percent of ETPI’s outstanding capital.


                    [DatePublished] => 2005-07-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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EASTERN TELECOMMUNICATIONS PHILIPPPINES INC

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                    [ArticleID] => 286152
                    [Title] => Ongpin group acquires 17.7% of ETPI via share swap deal
                    [Summary] => ISM Communications Inc., a company controlled by former Trade Industry Minister Roberto Ongpin, has entered into a share swap agreement with Aerocom Investors & Managers Inc. for the latter’s 17.7 percent stake in Eastern Telecommunications Philippines Inc. (ETPI).


In a disclosure with the Philippine Stock Exchange, ISM said it will issue 6.816 billion new shares which will come from its planned increase in capital stock. In exchange, ISM will receive 4.6 million class A shares of ETPI, accounting for 17.7 percent of ETPI’s outstanding capital.


                    [DatePublished] => 2005-07-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Ongpin group acquires 17.7% of ETPI via share swap deal

By Zinnia B. Dela Peña | July 13, 2005 - 12:00am

ISM Communications Inc., a company controlled by former Trade Industry Minister Roberto Ongpin, has entered into a share swap agreement with Aerocom Investors & Managers Inc. for the latter’s 17.7 percent...

Business