EMETERIO SD. PEREZ
In a previous piece, Due Diligencer found it necessary to introduce ISM Communications Corp. to the readers of The Manila Times to apprise them about the company. This time, I am responding to a letter from a reader, Karl Salud, who wants to know in particular why ISM did not invest the money it raised from the sale of 358.108 million of its common shares at P1 each. It is important to retrieve some filings ISM posted on the website of the Philippine Stock Exchange for Due Diligencer to answer Karl’s query properly.