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                    [ArticleID] => 367118
                    [Title] => Global mutual fund takes 5% stake in Semirara Mining
                    [Summary] => 

The world’s largest mutual fund group, Boston, Massachusetts-based Fidelity Management and Research Co. (FMR), has acquired a 5.03 percent stake in the Philippines’ biggest coal producer, Semirara Mining Corp.


FMR, with $1.2 trillion in assets under management in more than 300 mutual funds, has amassed a total of 14,935,500 shares of Semirara in the open market, according to a regulatory disclosure filed with the Philippine Stock Exchange (PSE).


A senior member of Congress promptly welcomed FMR’s investment in one of Asia’s largest coal miners.

                    [DatePublished] => 2006-11-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 314585
                    [Title] => PLDT investments sign of global confidence in RP
                    [Summary] => The unprecedented avalanche of foreign investments in  telecommunications giant Philippine Long Distance Telephone Co. (PLDT) indicates the confidence of global investors in the Philippine economy despite the country’s political problems, a lawmaker said yesterday. 


"The massive foreign buying of shares in PLDT is definitely most welcome. After all, it has been said that the telecommunications company serves as a proxy for the Philippine economy," Cebu City Rep. Eduardo Gullas said.


                    [DatePublished] => 2006-01-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096652
                    [AuthorName] =>  Delon Porcalla
                    [SectionName] => Headlines
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FIDELITY MANAGEMENT AND RESEARCH CO

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                    [ArticleID] => 367118
                    [Title] => Global mutual fund takes 5% stake in Semirara Mining
                    [Summary] => 

The world’s largest mutual fund group, Boston, Massachusetts-based Fidelity Management and Research Co. (FMR), has acquired a 5.03 percent stake in the Philippines’ biggest coal producer, Semirara Mining Corp.


FMR, with $1.2 trillion in assets under management in more than 300 mutual funds, has amassed a total of 14,935,500 shares of Semirara in the open market, according to a regulatory disclosure filed with the Philippine Stock Exchange (PSE).


A senior member of Congress promptly welcomed FMR’s investment in one of Asia’s largest coal miners.

                    [DatePublished] => 2006-11-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 314585
                    [Title] => PLDT investments sign of global confidence in RP
                    [Summary] => The unprecedented avalanche of foreign investments in  telecommunications giant Philippine Long Distance Telephone Co. (PLDT) indicates the confidence of global investors in the Philippine economy despite the country’s political problems, a lawmaker said yesterday. 


"The massive foreign buying of shares in PLDT is definitely most welcome. After all, it has been said that the telecommunications company serves as a proxy for the Philippine economy," Cebu City Rep. Eduardo Gullas said.


                    [DatePublished] => 2006-01-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096652
                    [AuthorName] =>  Delon Porcalla
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

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abtest

Global mutual fund takes 5% stake in Semirara Mining

November 5, 2006 - 12:00am

The world’s largest mutual fund group, Boston, Massachusetts-based Fidelity Management and Research Co. (FMR), has acquired a 5.03 percent stake in the Philippines’ biggest coal producer, Semirara Mining...

Business

PLDT investments sign of global confidence in RP

By Delon Porcalla | January 1, 2006 - 12:00am

The unprecedented avalanche of foreign investments in telecommunications giant Philippine Long Distance Telephone Co. (PLDT) indicates the confidence of global investors in the Philippine economy despite the country’s...

Headlines