JG Summit buys ₱7-B PLDT shares, hikes stake to 11.23% – Manila Bulletin

JG Summit buys ₱7-B PLDT shares, hikes stake to 11.23% – Manila Bulletin

By JAMES A. LOYOLA
JG Summit Holdings Inc., the flagship of the Gokongweis, has invested US$138.83 million (7.06 billion) to increase its stake in PLDT Inc. to 11.23 percent from 7.96 percent.
(Photo courtesy of www.jgsummit.com.ph/)
In a disclosure to the…
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