This years profit guidance is steady from last years P2 billion which, the groups Chief Finance Officer Ron Valdueza said, would beat analyst estimates. ABS-CBN listed on the Philippine Dealing Exchange (PDEX) on Monday P6 billion worth of retail bonds it issued two weeks ago. The network said it will use the fresh capital to expand its digital terrestrial TV capacity, build its stock of TV programs and movies, and construct stages for on-location shoots. ABS-CBN is also building a childrens theme park called http://www.bloggers.nl/quakalfretop/ Kidzania. ABS-CBN Chairman Eugenio Gabby Lopez III said the media conglomerate is probably three years ahead of competition in terms of switching to digital. You may have also heard that the government recently adopted the Japanese digital TV standard for the country. Well, we placed our bets early having already invested on this standard.
Source: http://anc.yahoo.com/news/abs-cbn-sets-profit-guidance-of-p1-8-b–p2-b-for-2014–lists-p6b-retail-bonds-on-pdex-061046088.html

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