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PLDT

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AcronymDefinition
PLDTPhilippine Long Distance Telephone Company


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The investor service believes the acquisition of a 20 percent stake "raises concerns as it represents a move by shareholders and senior management into a non-core business," PLDT said in a disclosure to the Philippine Stock Exchange.
The loan is in the form of a seven-year fixed-rate peso bilateral loan, which was taken on 28 September 2009, a spokesman for PLDT said.
 
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