Claim: Asiacom Philippine, Inc. stands as the major shareholder of the Philippines' major telecommunications services provider Globe Telecom, with 70.8% of total shares.
Evidence: Structure
- Singtel (20.10%)
- Ayala Corporation (13.20%)
- Asiacom Philippines, Inc. (50.85%)
- Directors, Officers, ESOP (0.19%)
- Public Stock (15.66%) 
Asiacom Philippines, Inc. 50.85%