The common shares issued by ABS-CBN Holdings Corp. are publicly traded, meaning the general public buy and sell its shares, either preferred or common, listed on the Philippine Stock Exchange (PSE). The suggestion here is for the readers of The Manila Times to differentiate between ABS-CBN Holdings and ABS-CBN Corp. The former, which is ABS-CBN Holdings, holds Philippine Depositary Receipts, which, in turn, are converted into common shares of ABS-CBN Corp.
The conversion, though, may be a complicated process that Solicitor-General Jose Calida may want to engage himself in arguing what this process is all about. The public should be the judge if President Rodrigo Duterte does not know about his filing of the case against ABS-CBN, the stock corporation, with the Supreme Court.