GMA Network To Buy Back Foreign PDRs ‘Effective Immediately’

GMA

GMA Network will buy back Foreign PDRs “effective immediately” after selling it to non-Filipino investors. GMA Network Inc. will buy back its Foreign Philippine Deposit Receipts (PDRs) “effective immediately” after selling it to non-Filipino investors. This, as GMA Network Inc. issued a Disclosure Form 4-30 to the Securities and Exchange Commission (SEC) Tuesday which obtained … Read more

Open Letter of Former GMA Network Employee to Marcoleta and Remulla

Open Letter of Former GMA Network Employee to Marcoleta & Remulla

An open letter of Bowe Cabaluna, a former GMA Network employee addressed to Deputy Speaker Rodante Marcoleta and Cavite Rep. Jesus Crispin “Boying” Remulla is currently making rounds online. Although he did not mention ABS-CBN in his open letter, it is clear that it’s in line with the franchise renewal issues of the Kapamilya Network. … Read more