ABS-CBN Holdings Corporation — Investor Relations & Filings

ABS-CBN Holdings Corporation was incorporated for the primary purpose of investing. It issues Philippine Depository Receipts (PDRs), which grant holders the right, but not the obligation, to sell underlying ABS-CBN shares and receive the proceeds upon payment of an exercise price. PDR holders also have the right to receive cash amounts equivalent to dividends on the underlying ABS-CBN shares, net of administrative expenses incurred by ABS-CBN Holdings. The company's operations primarily involve managing these PDRs and fulfilling related obligations.