By Christine O. Avendaño
The Supreme Court has upheld a ruling issued by the Sandiganbayan in 2004 declaring that 7.2 percent in shares of the United Coconut Planters Bank (UCPB) transferred to businessman Eduardo Cojuangco Jr. were owned by the government.
By Daxim L. Lucas
Ramon S. Ang on Friday took full control of conglomerate San Miguel Corp. (SMC) after its chair, Eduardo Cojuangco Jr., sold a huge chunk of his stake in the diversified firm to his hard-charging protégé.
By Doris C. Dumlao
Six business tycoons from the Philippines led by SM group patriarch Henry Sy made it to Forbes Magazine’s 2012 list of richest people on the planet.