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Stock impact report

PLDT closes US$175 million investment in Voyager Innovations from KKR and Tencent

PLDT Inc. Sponsored ADR (PHI) 
US:NYSE Investor Relations: pldt.com/investor-relations
Company Research Source: Business Wire
MANILA, Philippines--(BUSINESS WIRE)-- PLDT Inc. (“PLDT”) (PSE: TEL) (NYSE: PHI), the leading telecommunications and digital services provider in the Philippines, today announced the closing of the US$175 million investment in Voyager Innovations by KKR (NYSE: KKR), a global investment firm, and Tencent Holdings Ltd. (0700.HK), a leading provider of internet services in China. "Voyager can now step up its efforts to make its innovative financial and internet platforms more accessible to more Filipinos in more parts of the country," said Manuel V. Pangilinan, Chairman and CEO of PLDT and Smart Communications. “We believe with investors like KKR and Tencent leading the way, the Philippines’ profile as a destination for tech investment is on the rise,” said Orlando B. Vea, President and CEO of Voyager Innovations. As previously announced on 4th October 2018, KKR and Tencent subscribed t Show less Read more
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