EMETERIO SD. PEREZ
ON November 6, Manuel V. Pangilinan, who is also known by his initials MVP, increased to 246,450 the number of common shares he owns in Philippine Long Distance Telephone Co. (PLDT) after buying 1,000 shares at P2,030 per share. At the acquisition price, MVP’s holdings in the telecom giant had market value of P500.2 million. On Friday, the stock went up 5.4 percent to close trading at P2,140, increasing Pangilinan’s paper wealth in PLDT to P527.4 million.