Phinma unit acquires majority stake in Southeastern Colleges

Phinma unit acquires majority stake in Southeastern Colleges 

PHINMA Education
FILE PHOTO: Phinma Education Holdings Inc. INQUIRER FILES

MANILA, Philippines – Conglomerate Phinma Corp.’s education arm has acquired a controlling stake in Southeastern Colleges Inc. for P690 million, expanding its school network in southern Metro Manila and nearby provinces.

In a disclosure on Monday, the company led by Ramon del Rosario Jr.  said Phinma Education Holdings Inc. purchased 64,834 shares, equivalent to an 84.91-percent stake, in Southeastern Colleges, along with additional shares tied to the school’s land and buildings. 

READ: Phinma weighed down by construction, property businesses

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The investment was made under a share and asset purchase agreement and was completed on March 13, 2026, after all closing requirements were satisfied and the full payment was made. 

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Phinma said the acquisition would strengthen the group’s presence in the southern part of Metro Manila as well as in parts of Laguna and Cavite, areas where demand for higher education continues to grow. 

Southeastern Colleges will become part of PHINMA Education’s expanding portfolio of schools in the Philippines and abroad. INQ

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TAGS: Business, Education, Phinma, stocks

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