
Further to the Press Release dated 8 November 2018 filed with the Exchange on the same date, PLDT today announced the signing of the Investment Agreement pertaining to equity shares in Multisys Technologies Corporation ('Multisys"), a Philippine software development and IT solutions provider.
PLDT's investment involves the acquisition of new and existing shares of Multisys equivalent to a 45.73% ownership stake. As part of the Investment Agreement, PLDT will infuse Php 1.6 billion fresh capital into Multisys subject to the fulfillment of the prescribed conditions to complete such investment.
Pursuant to the requirements of the Securities Regulations Code, PLDT has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.