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Angel Locsin commits to donate all her ABS-CBN shares revenue to charity

Actress Angel Locsin clarified issues raised by some regarding her stock shares on ABS-CBN. Angel was also reacting after former actress Vivian Velez brought her name up when she showed the list of the Top 10o Stockholders of ABS-CBN as of September 30, 2019.

Angel pointed out how little her share is in the company and is still paying for it since it was offered to her via installment. The former ‘Darna’ star also commited to donate all her revenue deriving from the dividends her stocks will be earning.

Here’s Angel’s complete post:

“I saw some posts and been reading accusations that were thrown at me for speaking up for what I think is right. Just to clear things up,

1) I am not part of any political party, nor representing any politician.
2) I do not have an existing contract with ABS-CBN. Therefore, the company has no control on whatever I want to post.
3) Sorry to disappoint some people, but money is not everything. Hindi ko ho alam kung anong intention ni Ms. Vivian sa kanyang post, pero kung ito po ang gagamitin to discredit my name and what I stand for, hindi nyo po kailangang gawing issue. Kapag kumita po ang aking maliit na investment sa ABS-CBN, I WILL DONATE EVERYTHING TO CHARITY. Accounted.

Again, money is not everything. (For your knowledge, Maliit lang po ito. As in. It’s a privilege offer of the company to some of their employees in installment plan. Mine is payable for 5 years. Wala pa po sa half ang nabayad ko kaya sa understanding ko, HINDI KO PA PO PAGMAMAY-ARI ANG STOCKS na yun.) Nirerespeto ko ho ang opinyon ng lahat. Alam ko na magkakaiba man ng paraan, lahat naman tayo prayoridad ang kapakanan ng mga manggagawa. Yun naman po ang importante.”

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I saw some posts and been reading accusations that were thrown at me for speaking up for what I think is right. Just to clear things up, 1) I am not part of any political party, nor representing any politician. 2) I do not have an existing contract with ABS-CBN. Therefore, the company has no control on whatever I want to post. 3) Sorry to disappoint some people, but money is not everything. Hindi ko ho alam kung anong intention ni Ms. Vivian sa kanyang post, pero kung ito po ang gagamitin to discredit my name and what I stand for, hindi nyo po kailangang gawing issue. Kapag kumita po ang aking maliit na investment sa ABS-CBN, I WILL DONATE EVERYTHING TO CHARITY. Accounted. Again, money is not everything. (For your knowledge, Maliit lang po ito. As in. It’s a privilege offer of the company to some of their employees in installment plan. Mine is payable for 5 years. Wala pa po sa half ang nabayad ko kaya sa understanding ko, HINDI KO PA PO PAGMAMAY-ARI ANG STOCKS na yun.) Nirerespeto ko ho ang opinyon ng lahat. Alam ko na magkakaiba man ng paraan, lahat naman tayo prayoridad ang kapakanan ng mga manggagawa. Yun naman po ang importante. 🙏🏻🙏🏻🙏🏻

A post shared by Angel Locsin (@therealangellocsin) on

(Photo source: Instagram – @therealangellocsin)

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