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Re: Entities Engaged in Mass Media and Advertising

Re: ENTITIES ENGAGED IN MASS MEDIA AND ADVERTISING

SEC-OGC Opinion No. 21-16 | 2016-08-31

August 31, 2016
SEC-OGC OPINION NO. 21-16
RE: ENTITIES ENGAGED IN MASS MEDIA AND ADVERTISING
 
Atty. Rosario S. Bernaldo
Managing Partner

Bernaldo Directo & Po Law Offices
Unit 1807 Cityland Condominium
10 Tower 1, H. V de la Costa Street
Ayala North, Makati City
 
Dear Atty. Bernaldo :
 
This refers to your letter dated 08 June 2015 requesting for confirmation of your opinion that the proposed company of Phar Partnerships (Phar) does not fall within the scope of the citizenship requirements imposed on mass media and advertising under the Foreign Investment Act or Republic Act No. 7042...