Manila – ABS-CBN Broadcasting Corp. has launched the regional operating headquarters (ROHQ) for its support services unit, a move that is seen to give operational efficiency and yield savings to the company. In a disclosure to the Philippine Stock Exchange, ABS-CBN said it has opened the ROHQ of its Singapore-registered subsidiary, ABS-CBN Shared Service Center Pte. Ltd (ABS-CBN SSCL). ABS-CBN SSCL provides support services to the parent company and its subsidiaries, including ABS-CBN Global Ltd. and its regional offices worldwide. ABS-CBN said the ROHQ has been registered with the Securities and Exchange Commission and the Board of Investments, with a capitalization of $200,000 (P10 million). According to the media giant, the ROHQ will provide financial accounting and manpower services for ABS-CBN and its subsidiaries under arms-length service agreements. This is expected to give greater operational efficiency and yield savings to the company.