C03563-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
---|---|---|
Common Shares | 144,060,544 | |
Total Debt (in Php Mn) | 234,500 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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"Additional 160 Towers Transferred To MIESCOR Infrastructure Development Corporation (MIDC) for ~Php1.9 billion. In Total, Globe Raised ~Php42.4 billion on its Tower Sale and Leaseback Deal; Closed a Total of 3,280 Towers Out of 7,506" |
Background/Description of the Disclosure |
Globe (PSE:GLO), a leading digital platform in the Philippines with major interests in telecommunications, financial technology, virtual healthcare, digital marketing solutions, corporate venture building, and most recently, climate technology, announced today that it has received ¿1.9 billion for the third closing of 160 towers acquired by MIESCOR Infrastructure Development Corporation (MIDC). These tower assets are composed of 123 ground-based towers and 37 rooftop towers. With this latest closing a total of 1,020 out of the 2,180 towers have been successfully transferred to MIDC. |
Other Relevant Information |
Please refer to the attached. |
Name | Jose Mari Fajardo |
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Designation | Director |