Lucio Co boosts stockholdings in Cosco Capital
Bilyonaryo Lucio Co gobbled up over P360 million worth of Cosco Capital Inc. shares.
In a regulatory filing, Cosco Capital said its chairman pirchased 62.92 million shares at a price of P5.86 and P6.04 esch share.
With the transaction, Co’s holding in Cosco increased to 32.78 percent or a total of 2.38 billion shares.
Cosco Capital is engaged in grocery retailing under Puregold and S&R Membership Shopping Club, LPG under Liquigaz Philippines, and office retail through Office Warehouse Inc.