PLDT investment in iflix converted into shares
MANILA, Philippines, March 11, 2016 – Leading telecoms and digital services provider PLDT disclosed today that its USD15 million investment in iflix has been converted from convertible notes into ordinary shares of stock after Southeast Asia’s leading internet TV service provider completed this week a new round of funding led by Sky PLC, Europe’s leading entertainment company and the Indonesian company Emtek Group, through its subsidiary PT Surya Citra Media Tbk (SCMA)