THE Securities and Exchange Commission (SEC) has approved the incorporation of Globe Capital Venture Holdings Inc., the holding firm of Globe Telecom Inc., on June 30, 2015.
“Globe Telecom Inc. discloses the approval to create a wholly-owned holding company through which new and strategic businesses are intended to be made and consolidated,” the telecommunications arm of conglomerate Ayala Corp. said in a disclosure to the Philippine Stock Exchange (PSE).
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