GMA Network Inc. to sell minority stake to Ramon Ang | - Corporate - Articles

The parties concerned are presently negotiating the final terms and conditions of the share purchase documents. The full statement of GMA Chairman and CEO Felipe L. Gozon is here.

GMA Network Inc. to sell minority stake to Ramon Ang

GMA Network’s major stockholders have agreed to sell to Mr. Ramon S. Ang a participating minority equity interest in the Company’s outstanding capital stock. The parties concerned are presently negotiating the final terms and conditions of the share purchase documents. An appropriate disclosure shall be made upon execution of the relevant definitive agreements by the parties for the transaction.

GMA Chairman and CEO Felipe L. Gozon said: “What we can confirm right now is that the Jimenez, Gozon and Duavit groups of stockholders have decided to sell a minority stake to Mr. Ramon Ang.  Details of the transaction will be disclosed once we have finalized everything.”

2015 November Kapuso Magazine

Nov 24, 2015

The GMA Christmas Station ID is the cover story of the November Kapuso Magazine. Inside pages include stories on GMA’s dominance in TV ratings, the new program Little Nanay, and a feature on Kapuso bikers. Citizen Kapuso features the inauguration of GMA Kapuso Foundation’s Kapuso Village in Palo, Leyte. Read more

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The expanded partnership opens new doors for the two companies as it provides GMA access to properties under SMLEI. Read more

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