LISTED information technology-related services firm EasyCall Communications Philippines Inc. (ECP) said Monday that its board had approved the sale of its 3.8-percent stake in Eperformax International Inc. (ePI) to TDG Ventures, Inc. (TVI) for approximately P44.93 million via a share sale agreement.

ECP told the stock exchange that its board of directors last Friday approved the sale of 22.09 million ePI shares at a price of P2.03 apiece, double the acquisition price of P19.2 million.

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