Business

Lucio Co boosts stockholdings in Cosco Capital

Bilyonaryo Lucio Co gobbled up over P360 million worth of Cosco Capital Inc. shares.

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.

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