Why tokenized securities could become the next revolution in investing.
A Lopez Inc.-level deal is more radical because it goes straight to the family battlefield. Here’s our exclusive take on the options at the table.
Gabby Lopez found a way around the family fight that had stalled fresh money for the network. But the P6-billion rescue also rewrites who owns ABS-CBN, and who gets a say in what it becomes.
His personal investment in Lopez Inc. is not necessarily a conflict of interest. But there are red lights.
When stockholders of ABS-CBN finally meet on Wednesday, August 19, the question hanging is no longer simply who was willing to rescue it. It is where the rescue money will go, how much will be spent paying for ABS-CBN’s past, and how much will remain to build its future.
The burden of proving the economic usefulness of ABS-CBN’s listing on the Philippine Stock Exchange has changed
(1st UPDATE) Hours after Wednesday’s stockholders’ meeting, ABS-CBN discloses that its board had approved the corporate changes needed to accommodate the P6 billion in fresh equity that could substantially alter who owns the company
There’s a trade-off embedded in ABS-CBN’s P6-billion rescue
The climb in ABS-CBN’s stock price is the market’s display of confidence in the P6-billion rescue plan
The BIR receives nearly two-thirds of the new appropriations, while Customs confidential fund gets slashed back to its 2024 level