ABS-CBN to buy 35% stake in TV5 Network

MEDIA giant ABS-CBN Corp. has agreed to acquire 35 percent of free-to-air television company TV5 Network Inc., while selling stakes in its cable television service partly to fund the buyout.ABS-CBN will buy shares in TV5 for P2.16 billion ($38.9 million), the companies said in a statement disclosed to the stock exchange Thursday. With the deal, […]

SEC flags Multi Fortune Stake’s investment scheme

THE Securities and Exchange Commission (SEC) has warned the public about Multi Fortune Stake for soliciting investments without registration and for operating a “Ponzi-like” investment scheme. “Multi Fortune Stake is not authorized to solicit investments from the public as it is not registered with the commission and cannot therefore secure prior registration and/or license to […]

Resintech Bhd Acquires 30% stake in Bionutricia for RM8.7 Million

KUALA LUMPUR, Mar 10, 2022 – (ACN Newswire via SEAPRWire.com) – Resintech Berhad (Bursa: RESINTC, 7232), a fully integrated provider of polyethylene products and unplasticized polyvinyl chloride (uPVC), is pleased to announce the signing of a Memorandum of Understanding (MoU) for the acquisition of a 30% stake in Bionutricia Holding Sdn. Bhd. from the controlling […]

Moonstake Enters a Strategic Partnership with Stake Technologies to Enhance the Polkadot Ecosystem and Scale the DeFi Projects

SINGAPORE, Feb 1, 2021 – (ACN Newswire) – Moonstake has entered into a strategic partnership with Stake Technologies, which develops the Plasma Network, the world’s first successful connection to Polkadot’s testnet parachain. Through this partnership, Moonstake and Stake Technologies will work together to expand the Polkadot ecosystem. Also, both pirates will proactively discuss potential implementation […]