News : Star Asia Selling Easycall Shares to TVI
Oct 29, 2014 -- Star Asia Technologies PTE is selling shares of Easycall Communication Philippines Inc. to TDG Ventures Inc. (TVI), a transaction that will be completed in a block sale early next week.
The transaction covers the equivalent of around 20 percent of Easycall.
In a disclosure to the Philippine Stock Exchange, Easycall said TVI and Star Asia signed a memorandum of agreement on buying Easycall shares held by Star Asia.
"The parties applied for a special block sale for execution on Nov. 4, 2014," the disclosure read.
TVI is the former Global E-Business Solutions Inc.
Easycall offers products and services in the call center and Internet sectors, including e-Performax Contact Centers Corp. which handles customer service.
Easycall was formerly named Francisco N. Cervantes Inc., a company registered in 1989 as a telecommunications company, primarily offering paging services, contact center outsourcing and information technology related businesses.
Posted by Veronica Silva Cusi, news correspondent
Today's Tip of the Day - Anticipate Volatility
Published: Thursday, October 30, 2014