pldt-responds-to-irate-investor-letter

PLDT responds to irate investor letter

PLDT has written a response to the letter by an upset investor published this week on our site.

This is a reply by PLDT to a letter published earlier this week by a US based investor. The original letter can be read by clicking the 'related article' at the bottom of this article.

Dear Editor

Eyal Shram raises some good interesting points regarding the flawed decision of First Pacific to sell controlling shares of Philippine Long Distance and Telephone Company PLDT to a competitor. In particular, we agree with his fundamental point that the First Pacific-Gokongwei deal, may not be a good deal for PLDT's minority shareholders, given my own impression of Mr. Gokongwei's past investment style. We also appreciate Mr. Shram's support of our President, Manuel V. Pangilinan's commitment to long-term...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222