Manila Bulletin, 12 May 2011MANILA, Philippines — STT Communications, one of Singapore's leading information communications group, has invested P3.86 billion for a 40 percent non-voting stake in Sky Cable Corporation through subsidiary Sampaquita Communications Pte Ltd.
The investment will give Sampaquita approximately 40 percent of the economic rights in the cable company. Despite the investment, Lopez Group maintains 99 percent voting control and an aggregate economic interest of almost 60 percent in Sky Cable. Full story
