Trading of ABS-CBN shares resumes Monday

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Media giant ABS-CBN Corp. will resume trading on Monday after complying with the disclosure requirements of the Philippine Stock Exchange (PSE). | miguelrcamusINQ

This would have a material impact on the company and ABS-CBN’s disclosure on Friday—a requirement before the trading suspension is lifted—explained why.

The business falls under ABS-CBN’s core media, networks and studio entertainment operations. As of September last year, these amounted to P23.3 billion, of which 68 percent came from free-to-air advertising. ABS-CBN also provides cable TV and broadband services, which were unprofitable as of the third quarter last year. It likewise runs the indoor theme park KidZania Manila, which said on Friday it would remain closed until Aug. 15 to prevent the spread of COVID-19.

 

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miguelrcamusINQ Oh no this company stocks not worth buying better sell

miguelrcamusINQ

miguelrcamusINQ What ur forecast marvingermo delisted in how many minutes?!

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