PLDT, Metro Pacific Investments, and Meralco Subscribe to Additional Shares in DigiCo

PLDT Inc, Manila Electric Company (Meralco), and Metro Pacific Investments Corporation (MPIC) each entered into separate Subscription Agreements with DigiCo, formally known as Kayana Solutions Inc. (formerly Limitless Growth Ventures Inc.), for the subscription of an aggregate of 570,000,000 additional common shares in DigiCo

​As a result of these additional subscriptions, DigiCo is now 45%-owned by PLDT, 27.5%-owned by Meralco, and 27.5%-owned by MPIC.
 
Meralco is the largest private sector electric distribution utility company in the Philippines covering 39 cities and 72 municipalities. Meralco celebrated 120 years of service in 2023, committed to providing reliable and affordable energy.

MPIC is a Philippine-based, investment management and holding company registered with the Philippine Securities and Exchange Commission. It is a leading infrastructure holding company with a diverse set of assets held through its operating companies. Through acquisitions and strategic partnerships, MPIC seeks to create value by upgrading infrastructure, improving operational efficiency, increasing customer coverage and working closely with regulators and other partners in government.
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PLDT is the Philippines’ largest integrated telco company. Through its principal business groups – from fixed line to wireless – PLDT offers a wide range of telecommunications and digital services across the Philippines’ most extensive fiber optic backbone, and fixed line and cellular networks.

​PLDT is listed on the Philippine Stock Exchange (PSE:TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI). PLDT has one of the largest market capitalizations among Philippine-listed companies.

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