ABS-CBN’s 1B preferred shares only for insiders?

Credit to Author: Emeterio SD. Perez| Date: Tue, 28 Jan 2020 16:26:24 +0000

ABS-CBN Corp. lists on the Philippine Stock Exchange (PSE) 861,971,968 outstanding shares; 872,122,352 listed shares; and 883,294,529 issued shares. It has free-float level equivalent to 42.77 percent of outstanding. Being a television and radio station, it does not allow foreigners to own any of its shares, which is the reason for the entry’s zero percent. […]

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