June 28, 2021
Philippine Stock Exchange
6/F Philippine Stock Exchange Tower 28th Street corner 5th Avenue Bonifacio Global City, Taguig City
Attention: Ms. Janet A. Encarnacion
Head - Disclosure Department
Gentlemen:
In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1.1.1.3(b).2, we submit herewith a copy of SEC Form 17-C with a copy of press release attached thereto.
This shall also serve as the disclosure letter for the purpose of complying with PSE Revised Disclosure Rules.
Very truly yours,
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary
June 28, 2021
Securities & Exchange Commission
Secretariat Building, PICC Complex
Roxas Boulevard, Pasay City
Attention: Mr. Vicente Graciano P. Felizmenio, Jr.
Director - Markets and Securities Regulation Dept.
Gentlemen:
In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1.1.1.3(a), we submit herewith two (2) copies of SEC Form 17-C with a copy of press release attached thereto.
Very truly yours,
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary
COVER SHEET
SEC Registration Number
P W - 5 5
Company Name
P | L | D | T | I | N | C. | |||||||||||||||||||||||
Principal Office (No./Street/Barangay/City/Town/Province)
R | A | M | O | N | C | O | J | U | A | N | G | C | O | B | U | I | L | D | I | N | G | ||||||||||||||||
M | A | K | A | T | I | A | V | E | N | U | E | ||||||||||||||||||||||||||
M | A | K | A | T | I | C | I | T | Y | ||||||||||||||||||||||||||||
Form Type | Department requiring the report | Secondary License Type, If Applicable | |||||||||||||||||||||||||||||||||||
17 | - | C | M | S | R | D | |||||||||||||||||||||||||||||||
COMPANY INFORMATION | |||||||||||||||||||||||||||||||||||||
Company's Email Address | Company's Telephone Number/s | Mobile Number | |||||||||||||||||||||||||||||||||||
88168553 | |||||||||||||||||||||||||||||||||||||
Annual Meeting | Fiscal Year | ||||||||||||||||||||||||||||||||||||
No. of Stockholders | Month/Day | Month/Day | |||||||||||||||||||||||||||||||||||
11,544 | Every 2nd Tuesday of June | December 31 | |||||||||||||||||||||||||||||||||||
As of May 31, 2021 | |||||||||||||||||||||||||||||||||||||
CONTACT PERSON INFORMATION | |||||||||||||||||||||||||||||||||||||
The designated contact person MUSTbe an Officer of the Corporation | |||||||||||||||||||||||||||||||||||||
Name of Contact Person | Email Address | Telephone Number/s | Mobile Number | ||||||||||||||||||||||||||||||||||
Ma. Lourdes C. Rausa-Chan | lrchan@pldt.com.ph | 88168553 | |||||||||||||||||||||||||||||||||||
Contact Person's Address
MGO Building, Legaspi St. corner Dela Rosa St., Makati City
Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.
SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.1
-
June 28, 2021
Date of Report (Date of earliest event reported) - SEC Identification Number PW-55
- BIR Tax Identification No. 000-488-793
- PLDT Inc.
Exact name of issuer as specified in its charter
5. | PHILIPPINES | 6.____________ (SEC Use Only) | |
Province, country or other jurisdiction | Industry Classification Code | ||
of Incorporation | |||
7. | Ramon Cojuangco Building, Makati Avenue, Makati City | 1200 | |
Address of principal office | Postal Code |
- (632) 8816-8553
Issuer's telephone number, including area code - Not Applicable
Former name or former address, if changed since last report - Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act
Title of Each Class | Number of Shares of Common Stock |
Outstanding and Amount of Debt Outstanding |
________________________________________________________________
________________________________________________________________
________________________________________________________________
Philippines' Voyager Innovations secures US$167 M
for PayMaya expansion into financial services, digital banking
New funding to advance Voyager's thrust of enabling all Filipinos with digital financial services through PayMaya and its soon-to-be-established digital bank
Manila/Philippines, June 28, 2021 - Voyager Innovations ("Voyager" or the "Company"), the leading technology company in the Philippines, announced that it raised US$167 million to fast- track financial inclusion in the Philippines through its financial technology arm, PayMaya Philippines ("PayMaya").
Participating in the funding were existing shareholders PLDT Inc. ("PLDT") (NYSE: PHI) (PSE: TEL), the Philippines' largest integrated telecommunications company and leading digital services provider; KKR, a global investment firm; and Tencent, a leading technology company in China. Voyager welcomed IFC Financial Institutions Growth Fund, a fund managed by the IFC Asset Management Company ("IFC AMC"), as a new investor. IFC AMC is a division of the International Finance Corporation ("IFC"), a member of the World Bank Group, and an existing investor in Voyager.
The fundraising marks another milestone for Voyager after having successfully grown PayMaya's mobile wallet, payments processing, and digital remittance businesses. Voyager is now leveraging this unique ecosystem to expand into digital banking for the next phase of its mission to improve financial inclusion in the Philippines. Towards this end, it applied for a digital bank license with the country's central bank, the Bangko Sentral ng Pilipinas ("BSP").
Voyager will use the new funds to expand its PayMaya services and to continue enabling more unbanked and underserved individuals and MSMEs with new and inclusive products, such as credit, insurance, savings, and investments, through a soon-to-be-established digital bank.
Once granted a digital bank license by the BSP, the new entity will provide mobile-first,low-cost,round-the-clock, frictionless, branchless, ubiquitous, paperless, secure, and smart neo-banking services on the back of PayMaya's proven technology platforms.
Orlando B. Vea, Voyager and PayMaya CEO-Founder,said: "We have seen a quantum leap for digital payments adoption in the Philippines over the past year, and PayMaya has served as the nexus connecting consumers and enterprises with enriching digital finance experiences.
This investment supports the unique value we bring and gives us a natural head start with the target market for the digital banking service."
Shailesh Baidwan, Voyager and PayMaya President, said: "As we did with payments and remittances, we will enable the large masses of Filipinos to leapfrog into a new stage of financial inclusion through integrated digital financial services. Our goal is to continue making lives better for millions of underserved people and small businesses, with cutting edge solutions that are affordable and relevant."
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PLDT Inc. published this content on 28 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2021 04:22:02 UTC.