Trolling PLDT, Globe, Smart and Sun!
Like father, like son! A group of lawyers led by Wilson Gamboa Jr. has again raised the nationality issue of PLDT by filing a motion to intervene in the petition filed by lawyer Jose Judd Roy III which assails the implementation by the Securities and Exchange Commission (SEC) of the Supreme Courts June 2011 ruling [...]
PLDT is already in consultation with lawyers on how to approach the recently filed Supreme Court case against the Empire on its supposed violation of foreign ownership rules. Reports show that PLDT has already contracted the forces of local audit firm SGV to initially figure out the case filled by Attorney Jose M. Roy. SGV [...]
Attorney Jose Roy tha Third dares to fight one of the biggest conglomerates in the country, and he is unfazed, not by any one bit. The former law school dean is pushing the Supreme Court to open anew the investigation of PLDT’s true nationality: is the biggest telco of the land indeed Filipino owned, as [...]
Troll: The articles and opinion pieces on this topic never seem to stop coming out of the woodwork! Seems like where there’s smoke, there must be fraud, er… fire. Again, a piece delving on the technicalities of PLDT’s solution on solving its foreign ownership problem that was borne out of a Supreme Court ruling on [...]
Even the smartest of moguls can be afflicted with base human nature: thinking of oneself versus the good of all – choosing the easy path versus being a statesman. Amado Macasat of the Malaya wrote a piece citing the opinion shenanigans of MVP/PLDT, who, when the Supreme Court declared that PLDT is in violation of [...]
At last, and with finality! The Securities and Exchange Commission (SEC) has declared that the Philippines will maintain the 40% foreign ownership restriction on sensitive industries – including telcos. This SEC mandate covering the computation of foreign ownership is in consonance with the Supreme Court’s decision on the infamous PLDT case, where it was found [...]
Yup, looks like happy days are coming to Empire PLDT. According to experts/reports, the latest SEC draft on the policy of foreign ownership or capitalization of key Philippine companies is more relaxed versus the last version. To wit: “The required percentage of Filipino ownership shall be applied to both a) the total number of outstanding [...]