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Dito CME Holdings
Dito CME Holdings Corporation (formerly known as ISM Communications Corporation) is a Filipino conglomerate holding firm. Formed in 1925, the company primarily engages in telecommunications and information technology infrastructure. History The early years Itogon-Suyoc Mines, Inc. was founded in January 1925 as a mining company. During the 2000s, the company (which subsequently renamed as ISM Communications Corporation in April 2002) began diversified with the investments in different industry sectors such as telecommunications (a stake in Eastern Telecommunications Philippines, later divested in 2011), gaming and hospitality (a 65% stake in Acentic GmbH), and banking (a 97% stake in Philippine Bank of Communications, sold to Lucio Co), before it became a holding company in 2016. Dennis Uy era In August 2018, businessman Dennis Uy bought a 45% controlling stake in ISM, and in March 2020, the firm was renamed as Dito CME Holdings Corporation. In November 2020, Dito CME announced ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Taguig
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or partnership. If a company that provides limited liability to it ... as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Of The Philippines
{{disambiguation ...
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rights Offer
A rights issue or rights offer is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders. When the rights are for equity securities, such as shares, in a public company, it can be a non-dilutive ''pro rata'' way to raise capital. Rights issues are typically sold via a prospectus or prospectus supplement. With the issued rights, existing security-holders have the privilege to buy a specified number of new securities from the issuer at a specified price within a subscription period. In a public company, a rights issue is a form of public offering (different from most other types of public offering, where shares are issued to the general public). Rights issues may be particularly useful for all publicly traded companies as opposed to other more dilutive financing options. As equity issues are generally preferable to debt issues from the company's viewpoint, companies usually opt for a rights issue in order to minimiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alibaba Cloud
Alibaba Cloud, also known as Aliyun (), is a cloud computing company, a subsidiary of Alibaba Group. Alibaba Cloud provides cloud computing services to online businesses and Alibaba's own e-commerce ecosystem. Its international operations are registered and headquartered in Singapore. Alibaba Cloud offers cloud services that are available on a pay-as-you-go basis, and include elastic compute, data storage, relational databases, big-data processing, anti-DDoS protection and content delivery networks (CDN). It is the largest cloud computing company in China, and in Asia Pacific according to Gartner. Alibaba Cloud operates data centers in 24 regions and 74 availability zones around the globe. As of June 2017, Alibaba Cloud is placed in the Visionaries' quadrant of Gartner's Magic Quadrant for cloud infrastructure as a service, worldwide. History * September 2009 – Alibaba Cloud is founded and R&D centers and operation centers are subsequently opened in Hangzhou, Beijing, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samsung Electronics
Samsung Electronics Co., Ltd. (, sometimes shortened to SEC and stylized as SΛMSUNG) is a South Korean multinational corporation, multinational electronics corporation headquartered in Yeongtong-gu, Suwon, South Korea. It is the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012. Samsung Electronics has played a key role in the group's corporate governance due to circular ownership. Samsung Electronics has Assembly line, assembly plants and sales networks in 74 countries and employs around 290,000 people. It is majority-owned by foreign investors. Samsung Electronics is the world's List of largest technology companies by revenue, second-largest technology company by revenue, and its market capitalization stood at US$520.65 billion, the 12th largest in the world. Samsung is a major manufacturer of Electronic component, Electronic Components such as lithium-ion batteries, semiconductors, image sensors, camera modules, and Display device, d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Telecommunications Corporation
China Telecommunications Corporation (Chinese: 中国电信集团有限公司), known as its trading name China Telecom, is a Chinese state-owned telecommunication company. It is the largest fixed-line service and the third largest mobile telecommunication provider in China. It has three listed companies: China Telecom Corporation Limited (), China Communications Services Corporation Limited () and Besttone Holding Co., Ltd. (). History The company originated as a government agency of the . On 27 April 1995, it was registered as a separate legal entity as Directorate General of Telecommunications, P&T, China, using "China Telecom" as brand name. On 17 May 2000 it was registered as China Telecommunications Corporation. In May 2002, China Netcom Corporation was spun off as a separate company that was also supervised by the State-owned Assets Supervision and Administration Commission of the State Council directly. It also owned subsidiaries in Beijing, Tianjin, Hebei, Shanxi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dito Telecommunity
Dito Telecommunity Corporation (stylized as DITO), formerly known as Mindanao Islamic Telephone Company, Inc. or Mislatel is a telecommunications company in the Philippines which is also engaged in the business of multimedia and information technology. It is a consortium of Davao businessman Dennis Uy's Udenna Corporation (through its subsidiary Dito CME Holdings Corporation), and Chinese state-owned China Telecommunications Corporation, a parent company of China Telecom. The consortium is known as the sole winner of the government-sanctioned bidding that would allow the consortium to become the third major telecommunications provider in the Philippines challenging the duopoly of PLDT and Globe Telecom. Dito CME Holdings Corporation (a publicly listed firm also owned by Uy), meanwhile, has an "indirect ownership" in the telco. Dito Telecommunity began its commercial operations on March 8, 2021. As of August 2022, Dito's total mobile subscriber base reached 12 million. Dito ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BusinessWorld
''BusinessWorld'' is a business newspaper in the Philippines with a nationwide circulation of more than 117,000 (as of March 2014). Founded in 1967 as ''Business Day'', it is Southeast Asia's first daily business newspaper. History ''Business Day'' Raúl Locsin, then a reporter for the business section of the now-defunct '' The Manila Chronicle'', took out a ₱5,000 loan to start ''Business Day'', the paper's forerunner. ''Business Day'' released its debut issue on February 27, 1967. It was the first business daily in Southeast Asia, and it was dedicated to “competent and responsible reporting of the news.” On March 1, 1971, ''Business Day'' published a record of the previous year's highest-grossing Philippine firms. Eight years later, the Securities and Exchange Commission and ''Business Day'' launched ''1000 Top Corporations in the Philippines'' gazette. This effort laid the foundation for what is now known as BusinessWorld Top 1000 Corporations in the Philippines, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BusinessMirror
The ''BusinessMirror'' is a daily business newspaper in the Philippines founded in 2005 by Antonio Cabangon Chua, who was also its publisher and the owner of radio network Aliw Broadcasting Corporation. As of September 2011, ''BusinessMirror'' has a daily circulation of 82,000. ABS-CBN agreement On April 30, 2014, ''BusinessMirror'' and ABS-CBN Integrated News and Current Affairs (consisting of ABS-CBN News Channel and its online affiliate, ABS-CBNnews.com) signed a content sharing/partnership agreement that will boost both entities to continue to deliver the credible business and economy news in the country. Officers of ''BusinessMirror'' and ABS-CBN News, including its news chief, Regina Reyes, witnessed the agreement signing. References External links *Media Ownership Monitor Philippines - Printby VERA Files and Reporters Without Borders Reporters Without Borders (RWB; french: Reporters sans frontières; RSF) is an international non-profit and non-governmental organiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Bank Of Communications
The Philippine Bank of Communications, more commonly known as PBCOM (), is a commercial bank in the Philippines. It was founded in 1939. The bank's headquarters, PBCom Tower, located in Makati, is the List of tallest buildings in the Philippines, second-tallest building in the Philippines. History PBCOM started as the Philippine branch of the Chinese Bank of Communications, which became one of the first non-American foreign commercial banks to operate in the Philippines (foreign because it was under Chinese control at the time) with the granting of its banking license on August 15, 1939. It was incorporated and registered with the Securities and Exchange Commission (Philippines), Securities and Exchange Commission on August 23 and started operations on September 4. The bank started operations at the ground floor of the Trade and Commerce Building on Juan Luna Street in Binondo, Manila, Binondo, Manila, with a staff of twenty men, all below the age of thirty and many fresh ou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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