PLDT’s ownership profile makes MVP its biggest ‘corporate voter’ and nominee

Emeterio Sd. Perez

THE Indonesian-owned First Pacific Co. Ltd. and the NTT Group of Japan own 55.245 million common shares, or 25.57 percent, and 43.964 million common shares, or 20.35 percent, respectively of the outstanding common shares of Philippine Long Distance Telephone Co. Together, these significant foreign stockholders control 45.92 percent of PLDT’s outstanding common shares.