MANILA, Philippines - He is still a Kapamilya star.

Actor Piolo Pascual renewed his exclusive contract with ABS-CBN on Thursday, ending persistent rumors that he is moving to a rival network.

Pascual signed a 2-year contract with the Kapamilya network in Rockwell in Makati City. Under his contract, he will do a television series, an album and a movie.

Present during the signing were ABS-CBN chairman and chief executive officer Eugenio Lopez III and president Charo Santos-Concio. -Reyma Buan-Deveza, abs-cbnNEWS.com