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[ArticleID] => 95791
[Title] => PLDT to acquire 22.5% stake in Stradcom
[Summary] => Philippine Long Distance Telephone Co. (PLDT) is acquiring a 22.5-percent stake in computer firm Stradcom International Holdings, Inc. (SIHI), as part of its information technology expansion strategy.
PLDTs investments will be made through its wholly-owned subsidiary ePLDT, Inc. which has agreed to spend $12 million (P600 million) to acquire convertible redeemable preferred stocks of SIHI equivalent to 22.5 percent of the firms issued capital.
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[Title] => PLDT to acquire 22.5% stake in Stradcom
[Summary] => Philippine Long Distance Telephone Co. (PLDT) is acquiring a 22.5-percent stake in computer firm Stradcom International Holdings, Inc. (SIHI), as part of its information technology expansion strategy.
PLDTs investments will be made through its wholly-owned subsidiary ePLDT, Inc. which has agreed to spend $12 million (P600 million) to acquire convertible redeemable preferred stocks of SIHI equivalent to 22.5 percent of the firms issued capital.
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abtest
April 18, 2001 - 12:00am
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