STOCK TITAN

PLDT affiliate Kayana completes Php2.7B Bayad deal

Bayad is now wholly owned by Kayana, whose equity is held by PLDT, Meralco and Metro Pacific Investments Corporation.

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(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

PLDT Inc. (PHI) reported that Kayana Solutions Inc., in which PLDT holds a 45% equity interest, completed its acquisition on November 3, 2026 of 504,948 common shares of CIS Bayad Center, Inc. for a total purchase price of Php2,700,000,000.00.

The shares were acquired from Manila Electric Company and its wholly owned subsidiary, Corporate Information Solutions, Inc. Following completion, Bayad is a wholly owned subsidiary of Kayana. Kayana is owned by PLDT, Manila Electric Company and Metro Pacific Investments Corporation at 45%, 27.5% and 27.5%, respectively.

1 point · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 0 points

How the balance works

Positive

  • Moderate pointKayana acquired 504,948 Bayad common shares; Bayad is now its wholly owned subsidiary.

Negative

  • None.
Common shares acquired 504,948 common shares Kayana's acquisition of CIS Bayad Center, Inc.
Total purchase price Php2,700,000,000.00 Price for the acquired Bayad common shares
PLDT equity interest in Kayana 45% Kayana ownership
Manila Electric Company equity interest in Kayana 27.5% Kayana ownership
Metro Pacific Investments Corporation equity interest in Kayana 27.5% Kayana ownership
wholly owned subsidiary financial
"Bayad is now a wholly owned subsidiary of Kayana."
A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.
equity interest financial
"PLDT holds a 45% equity interest"
An equity interest is an ownership stake in a company that gives the holder a share of its assets, profits and sometimes voting power—think of owning a slice of a pie that grows or shrinks with the business. Investors care because the size and type of that stake determine how much they benefit from future gains, bear losses, receive dividends, or influence decisions, and it directly affects the value and risk of their investment.
total purchase price financial
"for a total purchase price of Php2,700,000,000.00"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Bayad shares did Kayana acquire and for what price?

Kayana acquired 504,948 common shares of CIS Bayad Center, Inc. on November 3, 2026, for a total purchase price of Php2,700,000,000.00. The shares were acquired from Manila Electric Company and its wholly owned subsidiary, Corporate Information Solutions, Inc.

Who owns Kayana, and who owns Bayad after the acquisition?

Kayana is owned by PLDT, Manila Electric Company and Metro Pacific Investments Corporation at 45%, 27.5% and 27.5%, respectively. Bayad is now a wholly owned subsidiary of Kayana.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 6-K

Report of Foreign Private Issuer

 

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

 

 

For the month of November 2026

 

 

Commission File Number 1-03006

 

 

PLDT Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Ramon Cojuangco Building

Makati Avenue

Makati City

Philippines

(Address of principal executive offices)

 

 

(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)

 

Form 20-F Form 40-F

 

 

(Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes No

 

 

(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________ )


 

NOTE REGARDING FORWARD-LOOKING STATEMENTS

 

Some information in this report may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. We have based these forward-looking statements on our current beliefs, expectations and intentions as to facts, actions and events that will or may occur in the future. Such statements generally are identified by forward-looking words such as “believe,” “plan,” “anticipate,” “continue,” “estimate,” “expect,” “may,” “will” or other similar words.

A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement. We have chosen these assumptions or bases in good faith. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results may differ materially from information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in “Item 3. Key Information – Risk Factors” in our annual report on Form 20-F for the fiscal year ended December 31, 2025. You should also keep in mind that any forward-looking statement made by us in this report or elsewhere speaks only as at the date on which we made it. New risks and uncertainties come up from time to time, and it is impossible for us to predict these events or how they may affect us. We have no duty to, and do not intend to, update or revise the statements in this report after the date hereof. In light of these risks and uncertainties, you should keep in mind that actual results may differ materially from any forward-looking statement made in this report or elsewhere.


 

EXHIBITS

 

 

Exhibit Number

 

Page

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copy of the disclosure letter that PLDT Inc. filed on November 3, 2026 with the Philippine Stock Exchange and the Philippine Securities and Exchange Commission regarding the completion of Kayana Solutions Inc.’s acquisition of 504,948 common shares of CIS Bayad Center, Inc.

 

4

 

 

 

 

 

 

 

 

 

 

 


Signatures

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly authorized and caused this report to be signed on its behalf by the undersigned.

 

 

 

PLDT Inc.

 

 

 

By : /s/Marilyn A. Victorio-Aquino

Name : Marilyn A. Victorio-Aquino

Title : Corporate Secretary

Date :           November 4, 2026

 

 

 

 

 

 


EXHIBITS

 

Exhibit Number

 

Page

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copy of the disclosure letter that PLDT Inc. filed on November 3, 2026 with the Philippine Stock Exchange and the Philippine Securities and Exchange Commission regarding the completion of Kayana Solutions Inc.’s acquisition of 504,948 common shares of CIS Bayad Center, Inc.

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


November 3, 2026

 

The Philippine Stock Exchange, Inc.

6/F Philippine Stock Exchange Tower

28th Street corner 5th Avenue

Bonifacio Global City, Taguig City

 

Attention: Atty. Marigel B. Garcia

Head – Issuer Regulation Division

 

Securities & Exchange Commission

7907 Makati Avenue, Salcedo Village,

Barangay Bel-Air, Makati City

 

Attention: Atty. Oliver O. Leonardo

Director – Markets and Securities Regulation Department

 

Dear All:

 

Further to our disclosure dated January 27, 2026, we advise that on November 3, 2026, Kayana Solutions Inc. ("Kayana"), a digital innovation company in which PLDT Inc. ("PLDT") holds a 45% equity interest, completed its acquisition of 504,948 common shares of CIS Bayad Center, Inc. ("Bayad") for a total purchase price of Php2,700,000,000.00. The shares were acquired from Manila Electric Company ("Meralco") and its wholly owned subsidiary, Corporate Information Solutions, Inc.

 

Upon completion of the transaction, Bayad is now a wholly owned subsidiary of Kayana.

 

Kayana is owned by PLDT, Meralco, and Metro Pacific Investments Corporation at 45%, 27.5%, and 27.5%, respectively.

 

This submission shall serve as our compliance with the PSE Disclosure Rules and Section 17.1 of the Securities Regulation Code regarding the filing of reports on significant developments.

 

 

Very truly yours,

 

 

/s/Marilyn A. Victorio-Aquino

Marilyn A. Victorio-Aquino

Corporate Secretary

PLDT Inc.

 

 

 

 

 

 

 

 


COVER SHEET

 

SEC Registration Number

P

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5

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Company Name

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Principal Office (No./Street/Barangay/City/Town/Province)

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C

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Form Type

 

 

 

Department requiring the report

 

 

 

Secondary License Type, If Applicable

 

 

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COMPANY INFORMATION

 

Company’s Email Address

 

Company’s Telephone Number/s

 

Mobile Number

 

 

 

 

88168553

 

 

 

 

 

No. of Stockholders

 

Annual Meeting
Month/Day

 

Fiscal Year
Month/Day

 

 

 11,316

As of September 30, 2026

 

Every 2nd Tuesday of June

 

December 31

 

CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation

Name of Contact Person

 

Email Address

 

Telephone Number/s

 

Mobile Number

Marilyn A. Victorio-Aquino

 

mvaquino@pldt.com.ph

 

82500254

 

 

 

Contact Person’s Address

MGO Building, Legaspi St. corner Dela Rosa St., Makati City

 

Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.

 


SECURITIES AND EXCHANGE COMMISSION

 

 

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

 

 

 

1.
November 3, 2026

Date of Report (Date of earliest event reported)

 

2.
SEC Identification Number: PW-55

 

3.
BIR Tax Identification No. 000-488-793

 

4.
PLDT Inc.

Exact name of issuer as specified in its charter

 

5. Philippines 6.____________ (SEC Use Only)

Province, country or other jurisdiction Industry Classification Code

of Incorporation

 

7. Ramon Cojuangco Building, Makati Avenue, Makati City 1200

Address of principal office Postal Code

 

8. (632) 8250-0254

Issuer's telephone number, including area code

 

9. Not Applicable

Former name or former address, if changed since last report

 

10.
Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act

 

Title of Each Class

Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding

________________________________________________________________

________________________________________________________________

________________________________________________________________


11. Item 9 (Other Events)

 

Further to our disclosure dated January 27, 2026, we advise that on November 3, 2026, Kayana Solutions Inc. ("Kayana"), a digital innovation company in which PLDT Inc. ("PLDT") holds a 45% equity interest, completed its acquisition of 504,948 common shares of CIS Bayad Center, Inc. ("Bayad") for a total purchase price of Php2,700,000,000.00. The shares were acquired from Manila Electric Company ("Meralco") and its wholly owned subsidiary, Corporate Information Solutions, Inc.

 

Upon completion of the transaction, Bayad is now a wholly owned subsidiary of Kayana.

 

Kayana is owned by PLDT, Meralco, and Metro Pacific Investments Corporation at 45%, 27.5%, and 27.5%, respectively.

 

Pursuant to the requirements of the Securities Regulation Code, the Company has duly authorized and caused this report to be signed on its behalf by the undersigned.

 

 

PLDT Inc.

 

 

By:

 

/s/Marilyn A. Victorio-Aquino

Marilyn A. Victorio-Aquino

Corporate Secretary

 

November 3, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Signatures

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly authorized and caused this report to be signed on its behalf by the undersigned.

 

 

PLDT Inc.

 

 

 

By : /s/Marilyn A. Victorio-Aquino

Name : Marilyn A. Victorio-Aquino

Title : Corporate Secretary

Date :           November 4, 2026

 

 

 


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