Joseph Calata Claims that Calata Corporation is not Under Investigation

Rumors, issues and scandals can be heard everywhere we go, especially when it comes to celebrities, politician, actors and any famous icon. They would be over the news; on social medias, radio and television.  The rumors themselves, however, are not the killer of reputation, but those who comments and spreads them with little knowledge about it in the first place. Most, if not all, celebrities would suffer with issues that would jeopardize their reputation, whether the issues are fake or not, eventually.

In the case of the young billionaire, Joseph Calata, his corporation is allegedly investigated due to rumors of stock manipulation. Eastern Samar Representative Ben Evardone was the one who made the appeal about the surprising movements in the shares of the company, which the Securities and Exchange Commission (SEC) answered at once.

The stock shares of the corporation reached P24 per share, which started from P7.50; this was the reason of the corporation's high peaked market cap of P4:3B. Although, at some point of the trading days, the company's share fell almost 26 percent (P5.65 each) and went down as much as 32 percent earlier in the session. These volatile stock swings led to the accusations of stock manipulation within the company.

According to Jose Fabella, Calata Corporation's Corporate Secretary, it was Joseph Calata, the corporation's chairman and president, himself who called and requested the Philippine Stock Exchange (PSE) to inspect the unusual movements of stocks. The young CEO confirmed this in an interview with ANC.

Joseph Calata asserts that his company is not under investigation as it is the shares and the shareholders that are involved in the said issue. He stated that what happens within the buying and selling in the trades by other shareholders is already beyond his control and if the company itself was under investigation, they would have been notified. Because of the price manipulation scandal, Calata admits that it affected some of the plans he had made for the company.

"Medyo nakaapekto siya, pero sana nga maintindihan ng mga tao na 'yung iniinvestigate ay 'yung mga trades and 'yung mga nag-trade ng Calata. [It (the scandal) affected the company, but I hope the people would understand that the ones being investigated are the trades and the traders of Calata]" says Calata in his ANC interview.

Scandals like this one should be dealt with carefully and the facts should be stated clearly. Those who are only spectators of controversial issues should make sure they have heard all the sides of the story before they comment or spread them. Although the price manipulation scandal can be confusing at the beginning, after Calata Corporation's board have said their piece, it goes to show that their company itself was not under investigation at all.


more news about Calata Corporation on http://calatacorp.blogspot.com/

Joseph Calata Featured His Flair for Fashion and Marketing

Handsome, smart and the youngest billionaire in the Philippines, Joseph Calata is any girl's ideal man. They say that he has a striking resemblance to Robert Pattinson, the actor who portrayed Edward Cullen in the Twilight Saga, which is why he is sometimes cornered by fan girls for an autograph for being the said star's look-alike, and not for being a tycoon. He shows how dashing he is with his well-coiffed hairdo, three-piece suits and pointed designer shoes as he showcased his company through the Philippine Stock Exchange (PSE).

Who would have thought that the trading hall of PSE could be a runway for fashion models? Nobody has seen that happen until May 23, when Calata Corporation began selling its shares to the public by means of a fashion show entitled "Agri-couture." It showed not only Joseph Calata's flair for fashion and marketing, but also how broad the young CEO thinks.

The total shares that were traded on the opening day were 1.675 million while shares valued were P95.12M. On May 23 alone, the company gained a market cap of P2.77 billion since the share totaled to a jaw-dropping 360.11M.

Robby Carmona directed "Agri-couture" which featured creations made of agricultural products, some of which is a strapless green gown in Pina-Jusi material by Paul Quiones with matching sleeves made in Capiz while the hablon material was created by Eric de los Santos.  Mitch Dulce made an abaca crown hat while a clutch bag made of bamboo, wood and leather was created by Aranaz and a bamboo neckpiece with crystals and tassels by Adante Leyesa.  Other fabulous creations were made by Carol Cuasay, John Herrera and Religioso.

The muse for the event was none other than the gorgeous Georgina Wilson who strutted on the runway with a tube serpetina gown in Pina-Jusi with crystal beads and embroidery by Frederick Peralta and a matching sleeveless barong by Gerry Katigbak.

Calata Corporation has been listed among the top 1000 corporations in the Philippines thanks to Joseph Calata's perseverance. The 31-year-old surely has more tricks up his sleeves in order to accomplish the objectives he has planned for his company.

more news about Calata Corporation on http://calatacorp.blogspot.com/

Joseph Calata Presents “Agri-Couture”

Sporting a well-coiffed hairdo with three-piece suits and pointed designer shoes, Joseph "Josh" Calata shows that he does not only have flair for marketing, but also for fashion. He is said to bear a striking resemblance of Robert Pattinson, the actor who played Edward Cullen in Twilight. At times, he is cornered by fan girls for an autograph for being the Twilight star's look-alike and not for him being a tycoon.

On May 23, Calata Corporation began selling its shares to the public through the Philippine Stock Exchange (PSE). Calata's board of directors was there and so were fashion models who strutted on the trading floor of PSE before the trading board.

"Agri-couture" is the first ever agricultural fashion show and the first for the PSE in terms of showcasing an IPO.  It was directed by Robby Carmona and featured clothing made of agricultural products which were designed by Frederick Peralta, Mich Dulce, Eric de los Santos, John Herrera, Paul Quinones, Gerry Katigbak, Carol Cuasay, Adante Leyesa, Aranaz and Religioso.

The beautiful Georgina Wilson was the muse for the event as she walked and posed on the "runway" wearing a tube serpetina gown in Pina-Jusi with crystal beads and embroidery by Frederick Peralta and a matching sleeveless barong by Gerry Katigbak.

Calata sold 10% of the company with P7.70 per share. The total shares that were traded on the opening day was 1.675 million as shares valued were at P95.12M. Calata Corporation gained an astounding share of 360.11M, giving the company a market cap of P2.77 billion on May 23 alone.

Among the fabulous creations included in the fashion show is a strapless green gown in Pina-Jusi material by Paul Quiones with matching sleeves that were made in Capiz while the hablon material was by Eric de los Santos. There was also an abaca crown hat by Mitch Dulce, a clutch bag made of bamboo, wood and leather by Aranaz and a bamboo neckpiece with crystals and vintage tassels by Adante Leyesa.

Joseph Calata has been responsible for bringing Calata Corporation among the top 1000 corporations in the Philippines and with unique and fresh ideas like this one, the company is sure to climb high peaks in the future.

more news about Calata Corporation on http://calatacorp.blogspot.com/