MANILA -- Shares of ABS-CBN Corp fell at the resumption of trading on Monday, as it moved to secure a fresh franchise and resume broadcast operations.
Its shares dropped 9.6 percent at the start of trading to P15.82. It can drop to as low as P12.25 or 30 percent from its previous close. The House of Representatives last week passed on second reading a bill that will grant ABS-CBN temporary 6-month franchise while it deliberates on several measures seeking a new 25-year license. However, the chamber was scheduled Monday to recall the second reading approval to give way to amendments.
YesToABSCBNShutdown
wag nio na i renew yan franchise nio..para malaman ng gobyerno kawalan nio lalo na sa taxes na nakokolekta sa kompanya atartista
..'ABS-CBN removal will contribute to the levelling of the playing field and strengthening of democracy.' Well said, sir. 👊
Let us stay positive.
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#LabanKapamilya: KathNiel stresses importance of speaking up amid ABS-CBN shutdownCelebrity couple and love team Kathryn Bernardo and Daniel Padilla, who are normally silent on national affairs, expressed their opposition against the ABS-CBN shutdown to their huge and relatively young fanbase. Their home network signed off the air in the evening of May 5 in compliance with the state regulators’ cease-and-desist order because their franchise lapsed. ABS-CBN’s artists … bernardokath I will say it again, be a sarah g in a world full of kim chiu, kathryn bernardo, coco martin and angelica panganiban. bernardokath CHINA'S concealment and deliberately for the purpose of perpetuating a massive pandemic ,the chinese covid-19, is a gargantuan global terrorism. the resent events in ISRAEL EXCELLENTLY DELIVERED THE MESSAGED ' DON'T MESS WITH ISRAEL'!
Source: interaksyon - 🏆 24. / 51 Read more »
‘Malaki ang mawawala sa koleksiyon ng buwis dahil sa ABS-CBN shutdown’Brainwashing alert Hindi rin; bakit kayo lang ba ang kompanya sa pinas? Kayo lang ba may mga employees? Mag isip din; hinding hindi kayo kawalan
Source: ABSCBNNews - 🏆 5. / 83 Read more »
ABS-CBN provisional franchise approval to be delayed by a week - solonakopow ayan na naman galawang hakoge provisional franchise pa lang yan of 6 months..lalo na kung 25 years renewal:25x2=50 weeks delayed..😭😭😭😂 the president can also veto this bill. what goes up must come down! this could be fun!
Source: ANCALERTS - 🏆 26. / 50 Read more »
Sotto: HoR approval of ABS-CBN measure ‘highly irregular’By Vanne Elaine Terrazola The House of Representatives' approval of the provisional franchise for ABS-CBN might be 'highly irregular' if indeed rushed, Senate President Vicente Sotto III said on Saturday (May 16). this guy have just made empty promises.
Source: manilabulletin - 🏆 25. / 51 Read more »
[OPINION] Cayetano’s ABS-CBN gambit'It’s a hostage situation. Hopefully there are right-minded senators or Supreme Court justices who could take down the hostage-takers.' wag sanang gawing mangmang ni cayetano ang mga tao! parating sinasabi nitong si cayetano na politically biased ang abs. e nafeature pa nga sa mmk si bong go. ngayong wala na ang ABS sa free to air, syempre may epekto yun sa revenue nila at sa stocks nila. eto talaga yung plano ni cayetano e.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
ABS-CBN provisional franchise approval to be delayed by a week - solonakopow ayan na naman galawang hakoge provisional franchise pa lang yan of 6 months..lalo na kung 25 years renewal:25x2=50 weeks delayed..😭😭😭😂 the president can also veto this bill. what goes up must come down! this could be fun!
Source: ANCALERTS - 🏆 26. / 50 Read more »