Global fund manager buys 5.4% of FLI
Global investment company Dunross & Co. Holding Ltd. has acquired 5.41 percent of Filinvest Land Inc.
In a stock exchange filing, FLI said Dunross now owns 1.31 billion FLI shares.
A dedicated and long-term value investor, Dunross has offices in Cyprus, Sweden, Singapore, and Luxemborg.
In its website, Dunross said it has invested most of its resources in the Philippines, which is a fast-growing economy.
?The investments in infrastructure and the privatization of the electricity market also demonstrate their commitment to more efficient markets,? Dunross said of the Philippines.