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                    [Title] => Next Mobile sets ‘back-door’ listing through PEP
                    [Summary] => Shareholders of leading digital trunk radio operator Next Mobile Inc. (NMI) have signed an agreement with publicly listed Premiere Entertainment Productions Inc. (PEP) for the "back-door" listing of NMI in the Philippine Stock Exchange in connection with the plan to raise additional funds through equity.


This will be done via the swap of NMI shares held by NMI shareholders (constituting a 97-percent ownership in NMI) with primary shares to be issued by PEP (constituting 96.2 percent of PEP), NMI president and CEO Mel Velarde said.


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JOE ALEJANDRO

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                    [Title] => Next Mobile sets ‘back-door’ listing through PEP
                    [Summary] => Shareholders of leading digital trunk radio operator Next Mobile Inc. (NMI) have signed an agreement with publicly listed Premiere Entertainment Productions Inc. (PEP) for the "back-door" listing of NMI in the Philippine Stock Exchange in connection with the plan to raise additional funds through equity.


This will be done via the swap of NMI shares held by NMI shareholders (constituting a 97-percent ownership in NMI) with primary shares to be issued by PEP (constituting 96.2 percent of PEP), NMI president and CEO Mel Velarde said.


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abtest

Next Mobile sets ‘back-door’ listing through PEP

August 8, 2004 - 12:00am

Shareholders of leading digital trunk radio operator Next Mobile Inc. (NMI) have signed an agreement with publicly listed Premiere Entertainment Productions Inc. (PEP) for the "back-door" listing of NMI...

Business