Emeterio Sd. Perez
TWO subsidiaries of Indonesian-owned First Pacific Co. Ltd. hold a total of 47.6 million common shares, or 22 percent, of 216 million outstanding common shares of Philippine Long Distance Telephone Co. These subsidiaries are Philippine Telecommunications Investment Corp. (PTIC) and Metro Pacific Resources Inc. with 26 million common shares, or 12 percent, and 21.5 million common shares, or 9.97 percent, respectively.