Manny Zamora beefs up holdings in Nickel Asia
Mining magnate Manuel Zamora Jr. snapped up 5.358 million shares of Nickel Asia Corp.
In a stock exchange filing, Nickel Asia said its chairman and founder bought the shares at P4.30 per share for a total of P23.04 million on July 6.
Following the transaction, Zamora increased his shareholdings to 11.515 million shares.
Nickel Asia, the country’s largest producer of lateritic nickel ore and one of the largest in the world, inched up by four centavos to P4.43 per share Friday.