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Tuesday, May 30, 2000
 
AC ( 05/30/2000 : PSE )
This has reference to the news article captioned "Destiny continues to get partnership offers" published in the 29 May 2000 issue of the Business World which reported that Ayala Corporation (AC) and Digital Telecommunications Philippines, Inc. (DGTL) were said to be interested buyers of Destiny Cable, Inc., a subsidiary of Solid Group, Inc. (SGI). AC, in its letter, clarified that: "xxx Please be advised that as part of its business development planning, Ayala Corporation regularly holds dialogues with various parties in the various fields the company is engaged in. Nonetheless, we wish to state that Ayala Corporation has not signed any definitive agreement with Destiny Cable on any form of partnership, strategic alliance or working relationship."


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