TV Patrol ABS-CBN Channel 2 at 6:30pm tonight: in-depth report Raphael Bosano on Rappler losing its business personality by SEC order

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TV Patrol ABS-CBN Channel 2 at 6:30pm tonight: In-depth report by Raphael Bosano on Rappler losing its business personality by SEC order

   Watch the in-depth report by TV Patrol ABS CBN journalist Raphael Bosano on the revocation of the Rappler corporate personality by order of the Securities and Exchange Commission (SEC).

    The ABS-CBN coverage has been balanced and contextualized. In its cable news channel, its resource persons state that Rappler surrendered certain ownership rights to foreign investor Omidyar under business papers called Philippine Depository Receipts issued by Rappler to the latter.

    [at noontime today, on 30 minutes’ notice, i discussed basic corporation law (based on the Corporation Code of the Philippines … and on corporate practice setting up corporations in a previous life) such as the rights of stockholders as owners of the corporation — none of which were given to Omidyar. ) ]

     The discussion was in colloquial Filipino (wikang Filipino) — it is basic corporation law — even President Duterte knows this, being a lawyer :  “name the rights of stockholders as owners of the corporation:  1, 2, 3, 4, 5, 6, 7” — none of those were given to Omidyar.

     Abangan ang ulat ni Raphael Bosano ng TV Patrol ABS-CBN mamayang 6:30pm Channel 2 free tv.

    After the report is aired, i will summarize the discussion here. Stay tuned.