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JG Summit ready to join SMC for airport project

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Gokongwei-led JG Summit Holdings, owner of dominant budget airline Cebu Pacific, is open to partnering with San Miguel Corp. should the government approve the latter’s proposed $10-billion international airport in Manila Bay, company president Lance Gokongwei said.

Posted: May 22nd, 2014 in Headlines | Read More »

JG Summit bottom line also hobbled by typhoon

Gokongwei-led conglomerate JG Summit Holdings Inc. posted a first-quarter net profit of P4.88 billion, only slightly higher than the P4.86 billion racked up in the same period last year, due to extraordinary losses from Supertyphoon “Yolanda.”

Posted: May 17th, 2014 in Headlines | Read More »

JG Summit to issue P30B in retail bonds

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The Securities and Exchange Commission has approved the plan of Gokongwei-led conglomerate JG Summit Holdings Inc. to sell as much P30 billion in bonds to retail investors to partly fund its investment in Manila Electric Co.

Posted: February 7th, 2014 in Headlines | Read More »

SEC okays JG Summit’s P30B bond offering

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The Securities and Exchange Commission has approved a plan by JG Summit Holdings Inc. to issue as much as P30 billion in bonds to retail investors to partly fund its investment in Manila Electric Co.

Posted: February 7th, 2014 in Uncategorized | Read More »

JG Summit raises P8.8B to fund Meralco acquisition

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The Gokongwei group raised P8.8 billion from the sale of shares in flagship conglomerate JG Summit Holdings Inc., partly to fund its acquisition of a 27-percent stake in Manila Electric Co.

Posted: November 26th, 2013 in Headlines | Read More »

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