3
25
MANILA, Philippines — Trading of shares in embattled ABS-CBN Corp. was indefinitely suspended on Monday to give time to the network to inform investors how a denial of a new broadcasting franchise would impact the company’s business going forward.
In a notice, the Philippine Stock Exchange said the local bourse would allow shares of ABS-CBN and ABS-CBN Holdings Corp., the firm’s holding company, to resume trading a day after information on its corporate plans is submitted.
They are still lucky to continue trading their shares. Just look at the picture they are as if burrying ABS CBN what a pathetic act they have. They just need to comply with the law we have in the Philippines.
This network lawyers or whatever beside them trying to throw something to other network. I am not an ABS CBN fan but I sympathize to those worker's. Too bad their company didn't file an early renewal licence for their company. If they do that and be fair they wouldn't been in this situation. Anyway if they comply for sure they will get back everything. They can erase those real issues and make them false.